Acquisition

RNS Number : 8315J

Bilfinger Berger Gbl Infrstre SICAV

13 August 2012

 



13 August 2012

Bilfinger Berger Global Infrastructure SICAV S.A.

BBGI announces the completion of acquisition of three additional equity interests for £5.3 million

Bilfinger Berger Global Infrastructure SICAV S.A. (ticker "BBGI") is pleased to announce that it has now completed the previously announced acquisition of additional equity interests in three PFI/PPP projects from Graham Investment Projects Limited for approximately £5.3 million. The interests are a 25% stake in Scottish Borders Schools, a 16.66% stake in East Down Colleges and a 50% stake in Lisburn Colleges, all in the UK. With the acquisition it brings BBGI's interests in the projects to 100% in Scottish Borders Schools, 66.66% in East Down Colleges and 100% in Lisburn Colleges.

These projects are all operational and are supported by contracted, public sector-backed revenue streams, with inflation-protection characteristics.

Further information about BBGI is available on its website at www.bb-gi.com. 

For further information please contact:

BBGI Management Team       [phone]

Duncan Ball      

Frank Schramm

Maitland                                    [phone]

Liz Morley

 

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