Paris, September 27th 2017 – Transport Stockage Hydrocarbures (TSH), the joint subsidiary of Ardian and EDF Invest, today announces that it has completed the acquisition of a 26.7% stake in oil storage company Géosel from Basell Polyolefines, the multinational manufacturers of polyolefin (LyondellBasell group).

TSH already owned a majority stake in Géosel following the acquisition of a 50.01% stake in the company from Total in 2015. With this latest transaction, TSH now owns 76.7% of Geosel, alongside Petroineos Manufacturing France (19.9%) and Total (3.4%). The exiting shareholder, Basell Polyolefines France, will continue to use Géosel’s infrastructure for its own needs.

With a capacity of almost 9 million cubic meters, Géosel owns a critical site for the management of French national oil reserves. The company is based in Manosque, Alpes-de-Haute-Provence (France) and operates underground storage caverns and related pipelines linked to the seaport of Fos, Marseille (France), and the petrochemical facilities of Etang de Berre (Fos, Lavera, France).

TSH, alongside its co-shareholders, aims at preserving the company’s operational excellence and will pursue its long-term development as one of the most important and best performing sites in the sector in Europe.

Commenting on the closing of the deal, Guillaume d’Engremont, Managing Director of EDF Invest and Mathias Burghardt, Head of Ardian Infrastructure, said: “We are very pleased, through TSH, to further strengthen our investment in Géosel and to reinforce our long-term commitment to the sector.”

ABOUT TSH

Starting with the acquisition of a 50% stake in Géosel Manosque SAS (“Géosel”) from Total in December 2015, TSH has been established as an investment platform in the storage and transportation of liquid hydrocarbons in Europe and potentially outside of Europe, benefiting from the strong support of both Ardian and EDF Invest in the long term. Its board of directors is comprised of investment team members of Ardian and EDF Invest that have been involved in the execution and asset management of oil midstream storage assets in multiple countries across Europe, as well as industry veterans and experts with up to 30 years of experience in the transportation and storage of hydrocarbons sector.

ABOUT ARDIAN

Ardian, founded in 1996 and led by Dominique Senequier, is an independent private investment company with assets of US$65bn managed or advised in Europe, North America and Asia. The company, which is majority- owned by its employees, keeps entrepreneurship at its heart and delivers investment performance to its global investors while fuelling growth in economies across the world. Ardian’s investment process embodies three values: excellence, loyalty and entrepreneurship.

Ardian maintains a truly global network, with more than 470 employees working through twelve offices in Paris, London, Frankfurt, Milan, Madrid, Zurich, New York, San Francisco, Beijing, Singapore, Jersey, Luxembourg. The company offers its 610 investors a diversified choice of funds covering the full range of asset classes, including Ardian Funds of Funds (primary, early secondary and secondary), Ardian Private Debt, Ardian Buyout (including Ardian Mid Cap Buyout Europe & North America, Ardian Expansion, Ardian Growth and Ardian Co-Investment), Ardian Infrastructure, Ardian Real Estate and Ardian Mandates.

www.ardian.com

ABOUT EDF INVEST

EDF Invest is the unlisted investment arm of EDF’s Dedicated Assets, the asset portfolio which covers its long-term nuclear decommissioning commitments in France. EDF Invest manages a portfolio of over €5bn equity investments through three asset classes: infrastructure, real estate and private equity.

In addition to TSH, the existing infrastructure portfolio includes stakes in RTE (the French electricity transmission company), Thyssengas (the third largest gas TSO in Germany), Aéroports de la Côte d’Azur (the second largest French airport operator, owned in partnership with Atlantia), TIGF (a gas transport and storage company operating in the South-West of France), Madrileña Red de Gas (the operator of the main gas distribution network in the region of Madrid), Porterbrook (one of the three main rolling stock owning companies in the UK) and Autostrade per I’Italia (the largest toll motorway concession asset in Europe).

www.edfinvest.com

ABOUT GÉOSEL

Géosel owns the Manosque underground storage facility in southeastern France and pipelines linking the facility to the oil ports in Fos and Lavéra, also in the same region.

With a capacity of close to 9 million cubic meters, Géosel’s underground liquid hydrocarbon storage facility is one of the largest of its kind in Europe. It represents about 20% of France’s total hydrocarbon storage capacity and is primarily used to store around 40% of the country’s strategic reserves.

Verus Petroleum is pleased to announce the signing of a Sale & Purchase Agreement (SPA) for the acquisition of a 33.8% interest in the Wytch Farm oil field from Premier Oil. This acquisition adds approximately 5,000 boepd to Verus’s daily production. The Wytch Farm field is located on the south coast of England.

The transaction will be funded by a combination of equity and debt. Verus’s existing lender Nedbank Limited supports the transaction and the existing Reserves Based Lending (RBL) Facility will be amended to increase the facility amount to USD 300 million and to allow for the participation of several additional banks who are also supportive of the transaction.

Commenting on the deal, Verus’s CEO Alan Curran said:

“Verus is pleased to have signed the SPA with Premier Oil. This transaction builds upon our Boa acquisition earlier this year and materially increases our net production to around 7,000 boepd and reserves to approximately 26mmboe. The transaction is consistent with the Verus strategy of expanding our production base and cash flow. Both Boa and Wytch Farm are high quality, low cost, long life assets with strong cash generation. Verus will look to reinvest this cash flow in further production and development opportunities.”

The transaction is subject to the satisfaction or waiver of a number of conditions including Premier shareholder approval, pre-emption rights of existing joint venture partners and regulatory approvals, and is expected to complete by the end of 2017.

Verus is focused on the creation of value through the acquisition of high quality production assets and, over time, through increased exposure to development projects

EV Private Equity has invested in Evolution Engineering Inc. Financial terms weren’t announced. Evolution Engineering, of Calgary, provides products and engineering services to the measurement while drilling market.

PRESS RELEASE 

Evolution Engineering Inc. (“Evolution” or “the Company”) today announced the completion of an investment from EV Private Equity. The funds will be used to accelerate the Company’s North American growth and expand product development related to its market leading EVO ONE measurement while drilling (“MWD”) platform and related directional drilling technologies.

“Evolution now has additional resources to pursue its aggressive growth strategy and build on its industry leading directional drilling technologies,” said Paul Crilly, Evolution’s CEO. “The growth capital also positions us to ensure that our customers will continue to benefit from the highest level of product innovation, service and support. In parallel, we will be accelerating our marketing efforts, serving the needs of clients throughout North America and around the world.”

“We are delighted to support the on-going business and vision of Evolution Engineering’s team, whose EVO ONE MWD systems are already enabling the drilling of the industry’s most extreme horizontal wellbores,” said Matthew Anstead, EV Private Equity partner. “We believe that Evolution is well positioned for further growth, particularly in the horizontal shale plays of the US and Canada.”

About Evolution Engineering

Building upon its patented and proven Unified Telemetry platform, Evolution delivers purpose-built MWD products that exceed today’s drilling requirements for performance and reliability. The company’s flagship MWD system, EVO ONE, was built to provide a single, highly reliable MWD tool suitable for every drilling requirement. By designing and manufacturing these systems in-house, Evolution engineered out the most common MWD tool failure modes while combining EM and Mud Pulse technology into a single Unified Telemetry with a one-size-fits-all probe design. By designing extremely reliable, high data rate, large bandwidth communication technology, Evolution is at the forefront of developing the Subsurface Internet ^TM. Evolution Engineering Inc. is headquartered in Calgary, Alberta and Conroe, Texas.

For more information visit Evolutioneng.com.

Allianz Capital Partners and Canada Pension Plan Investment Board (“CPPIB”), through its wholly owned subsidiary, CPP Investment Board Europe S.a.r.l., signed an agreement today with Gas Natural Fenosa (“GNF”) to acquire a 20% minority equity interest in its gas distribution business in Spain (“GNDB”).

Allianz Capital Partners, on behalf of the Allianz Group, and CPPIB will invest EUR 1,500 m for the 20% equity interest. The equity investments for Allianz Capital Partners and CPPIB are EUR 600 million and EUR 900 million, respectively. Allianz Capital Partners and CPPIB are long-term infrastructure investors with significant experience investing in regulated utilities, including the gas sector, and with a strong track-record of partnering with strategic investors in infrastructure businesses.

“GNDB represents an attractive opportunity for our customers and is fully aligned with our investment strategy of investing in core infrastructure assets. We are very pleased to be entering into a new partnership with GNF as a leading international energy group and look forward to further strengthening our relationship with GNF and CPPIB and to support the continued success of this high quality business,” said Christian Fingerle, Chief Investment Officer at Allianz Capital Partners.

“GNDB is a core infrastructure asset that fits well with CPPIB’s infrastructure portfolio, providing long-term stable cash flows for the CPP Fund. We look forward to establishing an enduring partnership with GNF and Allianz in this world-class business, and in adding to our investments in Spain,” said Cressida Hogg, Managing Director, Global Head of Infrastructure, CPPIB.

GNDB is the largest gas distribution network in Spain with more than 5.3 million connection points and serving some 1,100 municipalities. It serves a geographically diversified residential and industrial customer base across Spain, providing its customers with access to a cost-efficient, reliable and environmentally friendly source of energy. Post transaction, GNF will continue to own an 80% equity shareholding in GNDB, which will remain a core part of GNF’s portfolio.

Commenting on this agreement, Rafael Villaseca Marco, Chief Executive of GNF, said, “GNDB is a premium asset in the gas sector in Spain and essential part of our investment strategy. We welcome the opportunity to partner with these two well renowned long-term infrastructure investors and continue to invest in further expanding the gas network in Spain and maintaining high efficiency of operations and quality of customer service.”

Completion of the transaction, which is subject to certain regulatory approvals, is expected by January 2018.

Milan, 29^th June 2017:

Ardian, the independent private equity investment company, today announces its investment in Tolve Windfarms Holding, through a dedicated capital increase. The deal will see Ardian holding 80% of Tolve Windfarms Holding which owns three vehicles for the construction of three wind farms in the Tolve Municipality, Potenza Province, Italy.

Acquired from PLC System Srl, an Italian firm which specializes in developing renewable energy, the portfolio of three wind farms will have a total installed power of 37.2MW and are eligible, following the GSE (the Italian public energy manager) auction of December last year, for a Feed-in-Tariff which will guarantee a minimum price of €66/MWh for the electricity sold to the national transmission grid for 20 years from the date of start of operation.

PLC System Srl, together with a private investor, will hold the remaining 20% stake in the company until completion of the construction. PLC System, controlled by PLC Group SpA, is an Italian leader in the construction of alternative energy power stations and electrical systems, with over 20 years of experience.

Tolve owns three separate authorizations in the southern Basilicata region for the construction and operation of the portfolio, comprised of Forleto Nuovo 2 (12MW), C&C Acquafredda (14.7MW) and Serra Energia (10.5MW).

Construction will start in July and shall be completed during the second half of 2018.

Ardian Infrastructure has invested within the renewable energy industry in Italy since 2007. Outside of Italy, Ardian has numerous green energy assets in Norway, Sweden, Chile and Perù, making it a major international player with 1GW of installed capacity in the wind, solar, biogas and biomass sectors.

Mathias Burghardt, Head of Ardian Infrastructure, said: “Ardian infrastructure is committed to develop renewable energy plants, among its various technologies, at world scale. Tolve project illustrates our unique sourcing capability thanks to our local partnerships.”

ABOUT ARDIAN

Ardian, founded in 1996 and led by Dominique Senequier, is an independent private investment company with assets of US$62bn managed or advised in Europe, North America and Asia. The company, which is majority- owned by its employees, keeps entrepreneurship at its heart and delivers investment performance to its global investors while fuelling growth in economies across the world. Ardian’s investment process embodies three values: excellence, loyalty and entrepreneurship.

Ardian maintains a truly global network, with more than 450 employees working through twelve offices in Paris, London, Frankfurt, Milan, Madrid, Zurich, New York, San Francisco, Beijing, Singapore, Jersey, Luxembourg. The company offers its 580 investors a diversified choice of funds covering the full range of asset classes, including Ardian Funds of Funds (primary, early secondary and secondary), Ardian Private Debt, Ardian Buyout (including Ardian Mid Cap Buyout Europe & North America, Ardian Expansion, Ardian Growth and Ardian Co-Investment), Ardian Infrastructure, Ardian Real Estate and Ardian Mandates.

Copenhagen Infrastructure Partners (CIP) through the funds Copenhagen Infrastructure II K/S (CI II) and Copenhagen Infrastructure III K/S (CI III) has acquired 3 offshore wind sites under development in Taiwan.

The three sites are all located off the Changhua coast in the Taiwan Strait and have a total capacity of up to 1,500MW. The three projects have been developed up to now by Fuhai Wind Farm Corporation.

The Government in Taiwan has set a target of 3,000 MW of offshore wind to be constructed by 2025 and decided that nuclear power will be phased out by 2025.

As part of the acquisition of the projects, CIP has entered into a MOU with the local company CSBC Corporation Taiwan regarding supply and installation services.

Further development of the sites will be undertaken by CIP in collaboration with local partner Taiwan Generations Corporation (TGC). The three projects are in the process of applying for the required environmental permits and are still subject to a final investment decision.

For any further information, please contact:
Kristina Negendahl Jessen, Copenhagen Infrastructure Partners, by phone: +45 70 70 51 51 or by e-mail:
cip@cip.dk. Webpage: www.cip.dk

About Copenhagen Infrastructure Partners
Copenhagen Infrastructure Partners K/S (CIP) is a fund management company founded in 2012 by senior executives from the energy industry and PensionDanmark. CIP is owned and managed by the five partners, Jakob Baruël Poulsen, Rune Bro Róin, Torsten Lodberg Smed, Christian T. Skakkebæk and Christina Grumstrup Sørensen. All five partners have extensive experience within infrastructure investments and mergers & acquisitions. CIP currently manages the funds Copenhagen Infrastructure I K/S, CI Artemis K/S, Copenhagen Infrastructure II K/S and Copenhagen Infrastructure III K/S. Copenhagen Infrastructure II K/S has 19 Danish and international institutional investors: PensionDanmark, Lægernes Pension, PBU, JØP, DIP, Nordea, PFA, Nykredit, AP Pension, SEB Pension DK, SEB Pension SE, Lærernes Pension, Oslo Pensjonsforsikring, Villum Fonden, KLP, Townsend on behalf of a UK pension fund, Widex, LB Forsikring, and EIB (with the backing of the EU through EFSI).

CIP initiated the fundraising process for Copenhagen Infrastructure III K/S on March 16 and the fund has already been backed by a strong group of Anchor Investors, PensionDanmark (DK), KLP (Kommunal Landspensjonskasse, NO), Lægernes Pension (DK), JØP (Juristernes og Økonomernes Pernsionskasse, DK) and DIP (Danske civil- og akademiIngeniørers Pensionskasse, DK).