IPE Real Assets
Summary
Vauban Infrastructure Partners and Caisse des Dépôts (CDC) are acquiring Coriance, a French district heating company owned by Igneo Infrastructure Partners.
A consortium comprising Vauban (50.1%) and French financial institution CDC (49.9%) has agreed exclusive talks with Igneo for the acquisition of the entire share capital of Coriance, the companies said.
According to sources, the proposed sale values Coriance at €1.5bn.
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