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Access here alternative investment news about CPPIB, Vermilion Energy Partner In $1.2B Buy In Irish Gas Field
Private Equity

CPPIB, Vermilion Energy Partner In $1.2B Buy In Irish Gas Field

by pehub.com posted 1year ago 549 views
Canada Pension Plan Investment Board (CPPIB) has agreed to collaborate with Calgary oil and gas company Vermilion Energy Inc (TSX, NYSE: VET) in a strategic partnership in the Corrib Natural Gas Field in Ireland. CPPIB will acquire Shell Exploration Co BV‘s 45 percent stake in the project for about $1.2 billion (EUR830 million) in cash.