| The Abu Dhabi Investment Authority has bought a stake in SGN, a UK gas distribution company, as part of its strategy to invest some of its vast assets in infrastructure with steady earnings.
Adia paid £621 million (Dh2.77 billion) for a 16.7 per cent stake in SGN, formerly known as Scotia Gas Networks, from SSE, the second-largest energy supplier in the UK. SGN distributes natural gas to about 6 million homes and businesses in Scotland and the south of England, and operates one of the oldest biomethane facilities in the country.........................................Full Article: Source
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