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Blue Phoenix Group (“BPG”) announces that it has entered into a binding agreement to purchase a 100% equity stake in RGS Nordic A/S (“RGS”). Completion should occur in the coming weeks.

Infracapital, the infrastructure equity investment arm of M&G Plc and InfraVia Capital Partner, an independent French private equity firm, co-shareholders of Gruppo Investimenti Portuali (GIP), have agreed the sale of their 100% stake in Terminal Darsena Toscana (TDT) to the Grimaldi Group. Giulio Schenone, CEO of GIP and a minority shareholder of GIP will also exit as part of the transaction.

Equity partner will support Titan’s growth and development of the clean fuel bunker market.