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International Energy Group, the Channel Islands-based gas supplier, is to be acquired by Prime Infrastructure of Australia for £202m.
International Energy Group has acquired the gas transport assets of Scottish Power for £15m.
International Energy Group has acquired a portfolio of gas transportation assets from Mowlem Energy for £1.9m.
International Energy Group is looking to spend up to £100m on acquisitions to expand its Guernsey-based gas distribution business across western Europe.
International Energy Group is to sell its property portfolio to ComProp for £47m, in order to reduce debt and fund the expansion of its energy business in the Channel Islands and Portugal.
International Energy Group is planning to sell or spin-off its £40m property portfolio in order to fund the expansion of its gas distribution business into the Isle of Man and Portugal.
International Energy Group of the Channel Islands is to buy Douglas Gas, the Isle of Man-based LPG importer, for £15m.