KKR, an investment firm, has acquired a minority stake in Abu Dhabi National Oil Company (Adnoc) Gas Pipeline Assets.

 

The gas pipeline network connects Adnoc’s upstream assets to local off-takers in the UAE.

 

Pipeline ownership and operational management remain with Adnoc.

 

KKR is acquiring a minority stake through its managed accounts, matching the type and tenure of the investment with long-duration capital.

 

“We are pleased to expand our strategic partnership with Adnoc and to invest further in Abu Dhabi’s long-term prosperity and critical infrastructure,” commented General David Petraeus (US Army, Ret.), Partner, KKR, Chairman of the KKR Global Institute, and Chairman of KKR Middle East. “This investment reflects KKR’s commitment to expand partnerships and investment across the Middle East. The region’s strong fundamentals, bold vision, and focused leadership offer increasingly attractive opportunities for global investors.”

 

Cristina Gonzalez, Managing Director, Infrastructure at KKR, added: "KKR has a long history of owning and operating critical national infrastructure worldwide, collaborating closely with governments. This strategic partnership leverages KKR's expertise in infrastructure investments and Adnoc's operational excellence to deliver practical energy solutions. This investment in Adnoc Gas Pipeline Assets provides access to high-quality, long-dated yield alongside an outstanding partner in Adnoc." -OGN/ TradeArabia News Service