If you would like to learn more about future focusIR related events and roundtables, please submit your details here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBBGI Global Infrastructure Regulatory News (BBGI)

  • There is currently no data for BBGI

Acquisition

11 Jul 2012 07:00

RNS Number : 3342H
Bilfinger Berger Gbl Infrstre SICAV
11 July 2012
 



For immediate release

11th July 2012

 

BBGI announces the acquisition of additional stake in Borders Schools, Scotland for £2.8 million

Bilfinger Berger Global Infrastructure SICAV S.A. (ticker "BBGI") is pleased to announce that it has signed an agreement to acquire a further 25% equity interest in Scottish Borders Schools PFI project from Graham Investment Projects Limited taking its stake to 100%. The consideration is approximately £2.8 million cash.

The acquisition is conditional on, inter alia, third party consents and is expected to be completed by August 2012.

Frank Schramm, Co-CEO said "The consideration paid for the project is in line with the current valuation of similar UK PFI projects in the Group's portfolio. All the projects in BBGI's portfolio are supported by contracted, government-backed revenue streams, with inflation protection characteristics."

Further information about BBGI is available on its website at www.bb-gi.com

For further information please contact:

BBGI Management Team +352 2634791

Frank Schramm

Duncan Ball

Maitland +44 (0)20 7379 5151

Liz Morley

 

Scottish Borders Schools, UK

Set in the Scottish Borders, the designs of Eyemouth, Berwickshire and Earlston high schools are truly striking and each has a real sense of place in keeping with their locations.

These schools are one of the most environmentally advanced in Scotland. Modern biomass boilers powered by woodchip supplied from local sources have been incorporated, as well as modern ventilation systems that reduce energy use and noise pollution.

The school buildings are modern with superb facilities such as technology, science, arts & crafts and sports, as well as open-planned areas for dining and socialising. Furthermore, the schools boast modern, well-equipped kitchens and serving areas to allow for the preparation of high quality food.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
ACQFMGMNZGNGZZM
Date   Source Headline
19th Jul 20134:21 pmRNSTR-1: Notification of Major Interest in Shares
16th Jul 20133:25 pmRNSTR-1: Notification of Major Interest in Shares
12th Jul 20139:36 amRNSResult of Equity Issue
27th Jun 20137:00 amRNSPlacing, Open Offer and Offer for Subscription
25th Jun 20137:00 amRNSResult of EGM
21st Jun 201310:53 amRNSTR-1: Notification of Major Interest in Shares
17th Jun 20139:22 amRNSFundraising Update
31st May 20137:00 amRNSNotice of EGM
28th May 20137:00 amRNSPipeline Update
22nd May 201312:00 pmRNSDirectorate Change
17th May 20137:00 amRNSInterim Management Statement
16th May 20139:22 amRNSDividend Declaration
7th May 20137:00 amRNSDirectorate Change
1st May 20132:31 pmRNSDirectorate Change
1st May 20137:00 amRNSDividend Declaration
1st May 20137:00 amRNSResult of EGM
1st May 20137:00 amRNSResults of AGM
23rd Apr 20132:16 pmRNSTR-1: Notification of Major Interest in Shares
12th Apr 20137:00 amRNSAnnual Financial Report
3rd Apr 201312:58 pmRNSTR-1: Notification of Major Interest in Shares
28th Mar 20137:01 amRNSEGM and AGM Convening Notice and Proxy Forms
28th Mar 20137:01 amRNSAnnouncement of Annual Results
27th Mar 20134:10 pmRNSTR-1: Notification of Major Interest in Shares
4th Mar 20133:41 pmRNSTR-1: Notification of Major Interest in Shares
20th Feb 20134:22 pmRNSDate of Annual Results and Analysts Presentation
11th Feb 20135:40 pmRNSTR-1: Notification of Major Interest in Shares
18th Dec 20127:00 amRNSAcquisition
12th Dec 20125:15 pmRNSDirector Declaration
10th Dec 20125:12 pmRNSDirector/PDMR Shareholding
19th Nov 20127:00 amRNSAcquisition
13th Nov 20127:00 amRNSInterim Management Statement
1st Nov 201212:23 pmRNSTotal Voting Rights
26th Oct 201211:44 amRNSDirector Declaration
25th Oct 20125:06 pmRNSTR-1: Notification of Major Interest in Shares
24th Oct 20126:10 pmRNSDirector/PDMR Shareholding
24th Oct 20126:00 pmRNSDirector/PDMR Shareholding
24th Oct 20125:53 pmRNSDirector/PDMR Shareholding
24th Oct 20125:46 pmRNSDirector/PDMR Shareholding
10th Oct 20123:14 pmRNSTR-1: Notification of major interest in shares
3rd Oct 201211:02 amRNSAdditional Listing
28th Sep 20127:00 amRNSAcquisition
17th Sep 20126:09 pmRNSTR-1: Notification of major interest in shares
14th Sep 201210:49 amRNSScrip Dividend Circular - posting
6th Sep 20124:16 pmRNSHalf Yearly Report - submission to NSM
31st Aug 201212:11 pmRNSTR-1: Notification of Major Interest in Shares
30th Aug 20127:00 amRNSDividend Declaration
30th Aug 20127:00 amRNSHalf Yearly Report
13th Aug 20127:00 amRNSAcquisition
25th Jul 20127:00 amRNSNotice of Results
13th Jul 201210:28 amRNSTR-1: Notification of Major Interest in Shares

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.