Infra big guns prep final offers for Adven

03 September 2020 - 12:00 am UTC

KKR Infrastructure and Macquarie Infrastructure and Real Assets (MIRA) are among bidders preparing final offers due later this month for Finnish district heating and energy services business Adven, sources said. 

JP Morgan Asset Management (JPAM) is involved in the process in partnership with its Swedish district heating business Varmevarden. Canadian pension fund OMERS advised by Rothschild was also involved earlier in the process but has since withdrawn, two of the sources said.

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