BBGI Global Infrastructure Regulatory News (BBGI)

7 April 2014

Bilfinger Berger Global Infrastructure SICAV S.A.

("BBGI" or the "Company")

BBGI announces the acquisition of further interests in two UK projects

Bilfinger Berger Global Infrastructure SICAV S.A. ('BBGI' or the 'Company') is pleased to announce that it has signed and completed the acquisition of an additional 6.67% equity and subordinated debt interest in two existing operational Local Improvement Finance Trust Projects in the UK from Galliford Try Investments Limited.

The two projects are the North London Estates Project and the Liverpool and Sefton Clinics. Following this acquisition, BBGI owns more than 50% in these projects and therefore has controlling rights.

The total consideration paid by BBGI is approximately £2 million. The acquisition was funded from the Company's credit facility.

Both projects are classified as availability-based under the investment policy of the Company and are supported by contracted, public sector-backed revenue streams, with inflation-protection characteristics. 

Frank Schramm, Co-CEO said:

"We are very pleased to increase our stake in these high quality projects. This acquisition was made on accretive terms and was concluded without engaging in an auction process."

For further information please contact:

BBGI Management Team +352 2634791

Duncan Ball

Frank Schramm

Maitland +44 (0) 20 7379 5151

Liz Morley

BBGI owns a portfolio of 32 infrastructure assets. These projects are PPP / PFI assets and are supported by contracted, public sector-backed revenue streams, with inflation-protection characteristics.

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

Any reference to the Company or BBGI refers also to its subsidiaries (where applicable).