Fund II

The CATS system transports natural gas through a pipeline between the Central North Sea area and Teesside in the UK and then processes it on behalf of major North Sea gas producers. The CATS system comprises a fixed-riser platform linked to the Everest gas platform, a 404-km, 1,700 million-standard-cubic-feet-of-gas-per-day ("mmscfd") capacity subsea pipeline and a two-train onshore gas processing terminal at Teesside which has a capacity of 1,200 mmscfd.  Antin and its co-investors own 99% of the business, following the July 2014 acquisition of BG Group's majority stake and the April 2015 acquisition of BP's minority stake. CATS is now operated by Antin in partnership with Wood Group.    

Energy & Environment
First investment
July 2014