BBGI to Purchase Western Canadian Infrastructure Assets for $41.3M
Bilfinger Berger Global Infrastructure SICAV (BBGI) has acquired a 50% equity and loan note interest in Kelowna Vernon Hospitals in British Columbia, and a 100% equity and loan note interest in North East Stoney Trail in Alberta. Both projects are long-term PPP concession contracts. The transaction, which is expected to be completed in the third quarter of 2013, is valued at $41.3 million. BBGI is an infrastructure investment firm incorporated in Luxembourg, with portfolio assets in Europe, Australia and Canada.
12 August 2013•2 mins read
