GIC goes big on US’ Utilities

29th January, 2021
Singapore’s SWF GIC just acquired a 19.9% of Duke Energy Indiana (DEI), a subsidiary of the listed electric power group headquartered in North Carolina, for a consideration of US$ 2.05 billion. The name of the GP (“an experienced investor in U.S. infrastructure”) accompanying GIC has not been revealed.The deal values...
Singapore’s SWF GIC just acquired a 19.9% of Duke Energy Indiana (DEI), a subsidiary of the listed electric power group headquartered in North Carolina, for a consideration of US$ 2.05 billion. The name of the GP (“an experienced investor in U.S. infrastructure”) accompanying GIC has not been revealed.The deal values...

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