Completion of two Seed Portfolio Acquisitions

RNS Number : 9947W

Bilfinger Berger Gbl Infrstre SICAV

08 February 2012

 



For immediate release                                                                                                               

8 February 2012

BBGI announces the completion of acquisition of two seed portfolio assets for £30.8 million

Bilfinger Berger Global Infrastructure SICAV S.A. (ticker "BBGI"), which listed on the London Stock Exchange on 21 December 2011, is pleased to announce that it has completed the acquisition of two PFI/PPP projects from Bilfinger Berger Project Infrastructure for about £30.8 million. The projects are a 50% stake in the Golden Ears Bridge and a 50% stake in Kicking Horse Canyon, both in Canada.

The acquisitions of the remaining seed portfolio projects are expected to be completed by the end of the first quarter (March 2012), following which BBGI will own a 19 asset portfolio as outlined in the IPO prospectus. 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]

Sarah Hamilton

Liz Morley

 

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