Energy, EU – Baltic States, Funds, Investments, Latvia

Ir has unofficial information that the prospective buyer is the fund Marguerite (full name "The 2020 European Fund for Energy, Climate Change and Infrastructure"), Established by several European banks. Representing the fund's interests is Luxembourg-based Marguerite Adviser S.A. Its representatives visited Latvijas Gaze on February 3-4 to get fully acquainted with the company's financial reports and the overall situation, as well as visit the Incukalns gas facility, which experts consider the key to the Baltic States' energy independence.

The fund's representative Olivia Barbier told Ir that Marguerite does not comment on its deals. E.ON Ruhrgas also declined to comment.

Latvijas Gaze CEO Adrians Davis declined to reveal much during a short telephone interview with LETA: "Information concerning deals and shares is absolutely confidential, the press must be kept away," Davis said, promising an interview only after the deal is signed. He said that the prospective buyer is a serious company, adding that the press should not try to interfere in private companies' deals.