OPTrust increases stake in Spanish infrastructure company Globalvia
Spanish infrastructure asset manager Globalvia Infraestructuras S.A. has completed its capital raising process, securing a total of EUR 750 million for its growth strategy. OPTrust, Netherlands-based PGGM, and U.K.-based Universities Superannuation Scheme jointly contributed EUR 350 million in the form of a convertible loan facility. Both OPTrust and PGGM have also agreed to further commitments beyond the EUR 400 million they originally committed in 2011. Globalvia currently operates 30 infrastructure assets in rail, roads, ports, airports and hospitals sectors. OPTrust's Kevin Warn-Schindel and Sandra Bosela discussed their role in the 2011 recapitalization of the firm with peHUB Canada in an interview this past August.
13 December 2013•5 mins read
