Ferngas
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Ferngas
Ferngas (FS Deutsche Gastransport Holding GmbH) owns and operates a regulated gas network in Southern and Eastern Germany. The business was formed in 2017 following the merger between two gas distribution networks, acquired separately by EDIF I in 2013 and 2014. The business’s 3,063km network of high-pressure pipelines supplies 62TWh of natural gas and biogas annually to more than 60 downstream network operators and 120 direct end-consumers. It is the only combined network operator in Germany to operate both a long-distance pipeline and a distribution network, resulting in its reputation as an innovative and reliable service provider.
Aided by us, Ferngas repeatedly achieved sector-leading operation performance. The ongoing capex programmes, most notably the EGL 442 pipeline redevelopment programme, resulted in significant regulated asset base growth for the company. Beyond company growth, core commitments to environmental, health and safety standards have resulted in zero accidents or leakage incidents in the last five years.
Ferngas has become Germany’s only combined gas transmission and distribution grid operator, strengthening its regulatory status. During Igneo’s investment, Ferngas increased biogas connections and contributed to the first nationwide hydrogen infrastructure project, cementing itself as a critical player in the German gas distribution market.
- Location: Europe
- Sector: Gas Distribution
- Risk Classification: regulated
- Initial Acquisition date: Nov 2013
- Divested date: Jun 2021
- Governance: sole
- Website: www.ferngas.co.uk/