The deal increases the London and Paris-based fund’s interest to 99% following its acquisition of a 62.78% stake in July last year from BG Group for about $1 billion.
Antin Infrastructure Partners managing partner Mark Crosbie said it decided to increase its share after seeing “first-hand the strength of the CATS operation and the potential for growth”.
He said: “We have exciting plans to grow and develop CATS through additional investment...
