ZURICH, Oct 21 (Reuters) – Credit score Suisse (CSGN.S) has bought its 30% stake in Vitality Infrastructure Companions to EIP’s managing companions, EIP mentioned on Friday with out giving any monetary particulars.
Vitality Infrastructure Companions is a Swiss-based supervisor of large-scale renewables and vitality belongings. It mentioned Credit score Suisse will stay an necessary associate by autos serving Swiss pension funds.
The deal comes because the Swiss lender races to agency up asset gross sales that might restrict the money it wants from buyers with simply days to go earlier than the financial institution unveils an overhaul.
Credit score Suisse earlier positioned an 8.6% stake in Allfunds Group (ALLFG.AS) by way of an accelerated bookbuilding providing that raised 334 million euros ($326.2 million).
Reporting by Michael Shields; Enhancing by Kirsten Donovan
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