REUTERS
AMSTERDAM/STUTTGART, Sept 15 (Reuters) – At least two utilities are eyeing the German gas storage assets of Exxon Mobil Corp (XOM.N) and Royal Dutch Shell Plc (RDSa.L), valued at up to 1 billion euros ($1.30 billion), people familiar with the matter said Wednesday.
German power utility EnBW (EBKG.DE) is one of the contenders and is in talks with Antin Infrastructure Partners, a fund backed by BNP Paribas (BNPP.PA), about submitting a joint offer, sources familiar with the negotiations said.
“EnBW is interested. They are checking and exploring the offer as other interested buyers are,” said one of the sources close to EnBW.