Telefónica reached an agreement with global investment firm KKR Group for the sale of up to 40% of Telxius Telecom, its global telecommunications infrastructure company, for a total amount of €1.275 billion (US$1.343 billion), or €12.75 (US$13.43) a share.
Infrastructure/PPP news in Europe
EQT has announced that its third fund for infrastructure investments, EQT Infrastructure III, has been closed at the hard cap of €4 billion (US$4.2 million).
A bidding process for a 25-year concession to operate Belgrade's Nikola Tesla Airport has been opened by the Serbian government.
Equitix Italy 3, an Italian company controlled by Equitix Fund III, has acquired approximately a 70% stake of Summano Health, concessionaire of the new hospital Ulss Alto Vicentino.
Unite Students, the UK's leading manager and developer of student accommodation, has announced that it has acquired Aston Student Village for £227 million (US$282 million) in a 50:50 joint venture with GIC, Singapore's sovereign wealth fund.
Infranode has announced the closing of its second investment round. The Infranode I investment platform raises SEK1.9 billion (US$213 million) dedicated to essential infrastructure investments in the Nordics.
The Irish Infrastructure Fund (IIF), managed by Irish Life Investment Managers and AMP Capital, has established Valley Healthcare, a new investment vehicle that will invest in primary care centres in Ireland.
Globalvia, the Spanish PPP operator controlled by OPTrust, PGGM and USS, and Macquarie have decided to submit a bid together to acquire a majority interest in Itínere, a Spanish operator of toll roads.
Portuguese group Assip and Chinese bank Haitong have taken over 100% of Empark, the Spanish-based car park company. The total amount of the operation, counting debt, is close to €900 million (US$954 million).
SL Capital Partners has announced the final close of its inaugural infrastructure fund, SL Capital Infrastructure Fund I.
Hastings Funds Management Limited announced today that it had completed the acquisition from La Caisse de dépôt et placement du Québec (CDPQ) of a further 50 percent of South East Water (SEW) on behalf of entities within the Desjardins Group and other managed clients.
Abertis reaffirms its commitment to the Italian market with the purchase of an additional 8.53% of its subsidiary A4 Holding, which manages the A-4 Brescia-Padova and A-31 toll roads.
Fraport Greece and its Greek partner Copelouzos Group have finally achieved the financial closure for the privatization of 14 Greek regional airports.
ING and Santander have announced that they have sold debt from Spanish highways in liquidation, as the government has not reached an agreement with the banks for the rescue of the projects.
A Turkish - Korean team formed by SK Engineering & Construction Co. (SK E&C), Daelim Industrial Co. and Limak and Yapi Merkezi have been selected as preferred bidder to develop the 1915 Canakkale Suspension Bridge PPP, which is part of the Kinali-Tekirdag-Canakkale-Savastepe Highway on BOT.
Ardian, the independent private investment company, has announced the acquisition from Techint of the remaining stake (20%) in HISI. This makes Ardian the sole shareholder in this company.
Landesbank Saar has announced it has provided financing for a French aquatics center.
The goverment of Cayman Islands has hired the services of legal advisors to structure the bidding process or the Integrated Solid Waste Management System (ISWMS) on PPP scheme.
Albanian Prime Minister Edi Rama has announced a US$1 billion program to support infrastructure and other major development projects through a public-private partnership model.
The Privatisation Unit (PU), acting on behalf of Malta Enterprise (Ministry for the Economy, Investment and Small Business), is re-issuing a public Request for Proposals (RFP) in connection with a Concession to Design, Construct, Finance, Operate and Maintain an International Logistics Hub (ILH) at Hal Far.