(Alliance News) - 3i Infrastructure PLC on Friday said it has completed the sale of its stake in Dutch waste management company Attero to French investment firm Ardian Infrastructure.
3i Infrastructure, a Jersey-based infrastructure investment trust, back in July announced the sale of its 25% stake in Attero, a waste treatment and recycling company in the Netherlands.
3i will receive EUR215 million for the sale, which will be used to partially repay drawings on the company's revolving credit facility.
Also, 3i said it has completed a further investment of GBP30 million in Future Biogas Ltd to fund the acquisition of two anaerobic digestion plants which are currently operated by Future Biogas.
3i Infrastructure shares were 0.3% higher at 327.50 pence each on Friday morning in London.
By Tom Budszus, Alliance News slot editor
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3i Infrastructure (3IN)