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Partners Group pays $750m for majority stake in Mexican gas player Fermaca

20 Feb 2014

TGlobal private markets investor Partners Group has picked up a majority stake in Mexican gas infrastructure operator Fermaca on behalf of its client Ospraie Management for $750m.

The company’s gas transportation pipelines can currently ship about 20 per cent of the country’s natural gas needs, the company says.

Partners group said it stood to benefit from the momentum generated by the recently approved Mexican Energy Reform, and said it planned to invest and develop the company alongside management in the coming months.

Jean Perarnaud, managing director in the private infrastructure team at Partners Group, said, “Our investment in Fermaca is an exciting addition to our portfolio as a core investment in energy infrastructure.

“Mexico’s growing economy will be supported by increasing amounts of natural gas and Fermaca provides an opportunity to connect the abundant shale gas supply in the United States with the growing natural gas demand in Mexico.

“We are extremely impressed with the Fermaca management team and look forward to building a leading energy player in the region.”

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