DJ Energy Crunch May Revive Value of European Gas Infrastructure -- Market Talk
1220 GMT - As the pace of decarbonization has accelerated in Europe, there has been a major shift in strategic appetite against midstream gas infrastructure over the last two years, and current owners are heading toward or queueing at the exit, Timera Energy says. However, the current market environment is illustrating Europe's strong dependency on gas supply infrastructure and flexibility, and this is a ripe for a major shift in asset ownership, the firm says. New owners need greater risk tolerance and an understanding of the risks and potential upside of decarbonization trends, Timera says. "That points toward private equity and alternative investors buying assets from utilities, infrastructure and pension funds," it says. (jaime.llinares@wsj.com)
(END) Dow Jones Newswires
September 27, 2021 08:20 ET (12:20 GMT)
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