BlackRock to Acquire Public Shares of GasLog, Representing 45% Interest

Updated 7 months ago

BlackRock's Global Energy & Power Infrastructure Fund (GEPIF) will acquire all outstanding common shares not owned by Blenheim Holdings for $5.80 per share. The Livanos family will continue to control 55% of the company via Blenheim. The deal is expected to close in the second quarter of 2021.

Mark Florian, BlackRock GEPIF Head

As the global shift to more environmentally-friendly energy sources such as natural gas and renewables from coal and other fuels continues, we are pleased to invest in an infrastructure business supported by long-term contracts with leading energy companies and that supports the global energy transition.