Announced
Synopsis
BBGI SICAV, the global PPP infrastructure investment company, increased its holding in Ohio River Bridges to 66.6% from 33.3%. The Ohio River Bridges - East End Crossing PPP project is a large-scale availability-based infrastructure project. Financial terms were not disclosed. Duncan Ball, Co-CEO commented: "Ohio River Bridges is now one of the largest investments in our portfolio and we are delighted to have been able to increase our holding in this high quality, stable, operational US PPP project. Having been involved in the project from construction and then into operation, we know the asset well and have been very pleased with the performance to-date. Given our existing involvement with this project, no additional management resources will be needed to oversee the incremental investment, helping to contribute to BBGI's low on-going charge"
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