Bilfinger Berger purchases interest in four German PPP projects

Bilfinger Berger, a global infrastructure investment company, has agreed to purchase a 50 per cent equity and loan note interest in four operational public-private partnership projects in Germany. The first is the Frankfurt Schools project, a 22-year concession to design, build/refurbish and maintain four schools in the City of Frankfurt am Main with the concession expiring in July 2029.The second, the Cologne Schools project, is a 25-year concession to design, build and maintain seven schools at five locations in the City of Cologne with the concession expiring in December 2029.The third is a 25-year concession for Cologne-Rodenkirchen Comprehensive School, and the fourth is a 20-year Munich-based project, which consists of various accommodation, office and training buildings, vehicle depots and gymnasiums. NR