Igneo Infrastructure Partners has agreed to acquire 100% of Nowega GmbH from Erdgas Münster GmbH, the buyer announced on 10 November 2026. The agreement is binding. The purchase price was not disclosed in the sources.
Nowega is a German gas transmission system operator headquartered in Münster, operating approximately 1,500 km of high-pressure gas pipelines across Lower Saxony and North Rhine-Westphalia. Its network transports natural gas and hydrogen to industrial customers, utilities and distribution networks, and forms part of Germany's national gas transmission system. The business is located close to major industrial demand centres and north Germany's key hydrogen production and import clusters.
Following completion, Igneo will become the sole shareholder of Nowega. According to the source, the transaction is the second investment from Igneo's European Diversified Infrastructure Fund IV and is consistent with its strategy of investing in essential European infrastructure businesses. The source also states that the acquisition will support Nowega's continued development as a critical energy infrastructure operator, including its role in Germany's energy transition through the expansion of hydrogen and biomethane infrastructure.
BET Consulting GmbH provided regulatory, commercial, technical and ESG due diligence advisory services to Igneo in connection with the transaction. The BET team was led by Lukas Schuffelen, Partner, and Fabian Lambrecht, Head of Competence Team Transactions.