Asterion strengthens presence in energy sector with Dunkerque LNG Investment

Madrid, 17th September 2025 Asterion Industrial Partners, an independent investment management firm focused on infrastructure investments in the European mid-market, today announces the acquisition of 25% stake in FluxDune, and indirectly, a c.15% stake in Dunkerque LNG (the “Company”), France’s largest LNG receiving and regasification terminal facility and one of the largest in continental Europe.

 

Dunkerque LNG, with a capacity of 13 bcm per annum, is the only European terminal with direct connection to two markets – France and Belgium – and is strategically positioned to address the energy security needs of continental Europe. Operating since January 2017, it is one of Europe’s most modern, featuring an innovative design, advanced technical capabilities and a focus on minimizing CO2 emissions. The terminal’s leading ESG strategy emphasizes reducing environmental impact, exemplified by its unique use of recycled warm water coming from a nearby nuclear plant for liquified natural gas regasification.

 

With this new investment in France, Asterion continues to expand its presence in the country, leveraging on its industrial approach, execution speed, and market insights. This represents the fourth investment for Fund III and the formation of a new partnership with majority shareholder Fluxys, a top-tier European infrastructure group central to the asset’s notable achievements to date.

 

“We are excited to partner with Fluxys and other shareholders on this critical infrastructure asset. We look forward to contributing our commercial and technical skillset to the Company’s long-term operational success story and prominence in the European energy landscape said Jesús Olmos, founding partner and CEO from Asterion Industrial Partners.

 

Fluxys is proud of the progress achieved since becoming a core shareholder in the Dunkerque LNG terminal. We are delighted to welcome Asterion as a partner and are excited to work together to build upon this success, and further cement the terminal’s position as a key infrastructure in the future European energy landscape said Pascal De Buck, Managing Director and CEO of Fluxys.

 

The increasing demand for natural gas and the expansion of supply routes have led to a rapid growth in global LNG imports. European terminals, like Dunkerque LNG, are experiencing higher utilization rates, highlighting their strategic importance. In the current geopolitical environment, these regasification hubs are crucial for ensuring energy security, offering Europe diversified and reliable access to international energy supplies. This dynamic enhances Europe’s resilience against supply disruptions and supports the transition to cleaner energy sources.