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BBGI SICAV acquired a road PPP project in the Netherlands for £58m.

Synopsis

BBGI SICAV, an investment firm specializing in infrastructure investments in operational or near operational assets, acquired the A1/A6 PPP project in the Netherlands for £58m. Frank Schramm, Co-CEO commented: "We are delighted to increase our equity interest in this high quality, stable, operational, road PPP project in the Netherlands. This acquisition further strengthens the global footprint of our porfolio of investments in AAA/AA rated countries. 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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