Northleaf closes acquisition of 33 pct stake in Colorado toll-road
Northleaf Capital Partners has closed its acquisition of a 33.3 percent equity interest in Northwest Parkway, a toll-road located in the Denver, Colorado area. No financial terms were released for the deal, announced in December and done in partnership with DIF Infrastructure IV and HICL Infrastructure Co Ltd. With the deal, Northleaf, a Canadian private-markets investor, and its partners own the rights to operate Northwest for the 90 years remaining in a 99-year concession. In January, Northleaf wrapped up its second OECD-focused infrastructure fund at its $950 million hard-cap target.
10 March 2017•3 mins read
