Infraestructura Energética Nova (IENOVA) has agreed to purchase Pemex’s 50% equity interest in the Gasoductos de Chihuahua midstream joint venture for USD 1.32 billion, plus the assumption of USD 170 million in net debt. Following the acquisition, IENOVA will own 100% interest in the company. The acquired assets are under long-term contracts and include three natural gas pipelines, an ethane pipeline, and a liquid petroleum gas pipeline and storage terminal.
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