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Centre Parcs owner could be about to buy a stake in Britain's second biggest company

The Canadian infrastructure group which owns Centre Parcs could be about to buy a stake in one of the UK’s largest private companies.

Fuel supplier Greenergy is believed to be on the cusp of a deal which would see it sell a stake in its business to Canada-based Brookfield.

According to Sky News, the fuel firm, which counts Tesco’s pension fund amongst its shareholders, hired ING to evaluate a potential transaction last summer in a move which valued the business at around £500m.

However, confirmation of the agreement could still be a few weeks away, with sources from both companies refusing to comment on the rumours.

The firm is a major player in the UK’s fuel infrastructure, having transported 18bn litres of fuel last year, which it claims includes around a quarter of all the road fuel used in the UK.

London-based Greenergy was also named the Britain’s second biggest private company by the Sunday Times.

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