First State eyes more of Germany's small energy grids

April 9, 2015 12:24 PM

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FRANKFURT, April 9 (Reuters) - Infrastructure investor First State Investments is looking to expand its presence in Germany's 1.7-million-kilometre network of regional power and gas grids.

Its European Diversified Infrastructure Fund (EDIF) has up to 2 billion euros ($2.15 billion) in investor capital to buy further gas or power networks in Germany, said Gregor Kurth, associate director at First State Investments, the asset management arm of Commonwealth Bank of Australia (CBA).

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