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

Completion of two PPP projects

6 Jul 2015 07:00

RNS Number : 1798S
BBGI SICAV S.A.
06 July 2015
 



6 July 2015

 

BBGI SICAV S.A.

(the "Company")

 

Completion of further interests in

two PPP projects in Australia and the UK

 

BBGI SICAV S.A. (LSE ticker: BBGI) is pleased to announce that it has completed the acquisition of a further 50% interest in the Northern Territory Secure Facilities PPP Project ("NTSF") in Australia from Commonwealth Investments Pty Limited, as announced on 9 June 2015. BBGI now owns 100% of the equity interest in NTSF.

 

NTSF is a new 1,000 bed correctional facility, located on a greenfield site at Holtze, near Darwin, Australia. It became operational in 2014 and allows Northern Territory Corrections to engage prisoners in structured daily programs in order to foster rehabilitation and stronger re-integration. The concession term runs until June 2044. BBGI will receive availability payments during the concession period from the Northern Territory government.

 

BBGI has also completed the acquisition of a further 30% equity interest in the Avon & Somerset Police HQ PPP Project in the UK from Galliford Try Corporate Holdings Limited, as announced on 17 June 2015.

 

The asset consists of four police buildings (an operation base, two custody and crime investigation centres, and a tri-forces firearms training centre). The concession term runs until March 2038. BBGI will receive availability payments during the concession period from the Avon & Somerset Police Authority.

 

The acquisition price for the two assets was approximately GBP 37.3 million and was funded from both the Company's existing cash resources and drawings from the credit facility.

 

 

For further information, please contact:

 

BBGI Management Team +352 263 479-1

Duncan Ball

Frank Schramm

 

 

BBGI owns a global portfolio of 36 infrastructure assets. These are PPP 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).

 

*Neither the Company's website nor the content of any website accessible from hyperlinks on its website (or any other website) is (or is deemed to be) incorporated into, or forms (or is deemed to form) part of this announcement.

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
ACQLLFSEDIIVIIE
Date   Source Headline
17th Jun 20256:25 pmRNSUpdate Regarding Delisting
10th Jun 20258:34 amRNSHolding(s) in Company
5th Jun 20252:49 pmRNSHolding(s) in Company
5th Jun 20252:45 pmRNSHolding(s) in Company
5th Jun 20258:25 amRNSHolding(s) in Company
5th Jun 20258:25 amRNSHolding(s) in Company
3rd Jun 20252:30 pmRNSNotice of Offer Closing
23rd May 20251:55 pmRNSHolding(s) in Company
21st May 20253:55 pmRNSHolding(s) in Company
20th May 20256:00 pmRNSBBGI Global Infrastructure
20th May 20255:02 pmRNSDelisting and Cancellation of Trading
20th May 20254:32 pmRNSOffer Declared Unconditional
20th May 202511:59 amRNSHolding(s) in Company
20th May 202511:12 amRNSHolding(s) in Company
20th May 20257:00 amRNSOffer Acceptance Level Update
19th May 20251:47 pmRNSHolding(s) in Company
19th May 20258:48 amRNSHolding(s) in Company
19th May 20257:00 amRNSOffer Acceptance Level Update
16th May 20258:26 amRNSHolding(s) in Company
16th May 20257:00 amRNSOffer Acceptance Level Update
15th May 20257:00 amRNSOffer Acceptance Level Update
14th May 20257:00 amRNSOffer Acceptance Level Update
7th May 20257:00 amRNSOffer Acceptance Level Update
30th Apr 20252:53 pmRNSHolding(s) in Company
30th Apr 20252:18 pmRNSAnnual Financial Report
30th Apr 20252:17 pmRNSResult of AGM
30th Apr 20257:00 amRNSOffer Acceptance Level Update
28th Apr 20252:45 pmRNSHolding(s) in Company
25th Apr 20252:38 pmRNSHolding(s) in Company
23rd Apr 20253:04 pmRNSHolding(s) in Company
23rd Apr 20257:00 amRNSOffer Acceptance Level Update
22nd Apr 20253:30 pmRNSResumption of Offer Timetable
22nd Apr 20252:53 pmRNSDirector/PDMR Shareholding
11th Apr 20255:01 pmRNSUpdate on Offer Timetable
10th Apr 20252:38 pmRNSResults of General Meeting
10th Apr 20257:00 amRNSOffer Acceptance Level Update
9th Apr 20252:51 pmRNSHolding(s) in Company
3rd Apr 20257:00 amRNSOffer Acceptance Level Update
28th Mar 20251:42 pmRNSPeriodic disclosure for SFDR
28th Mar 20257:00 amRNSAnnual Financial Report FY2024
27th Mar 20254:31 pmRNSNotice of AGM
27th Mar 202512:59 pmRNSHolding(s) in Company
27th Mar 20257:00 amRNSOffer Acceptance Level Update
26th Mar 20257:00 amRNSHolding(s) in Company
17th Mar 20259:09 amRNSHolding(s) in Company
14th Mar 20257:00 amRNSNotice of Results
13th Mar 20252:21 pmRNSHolding(s) in Company
6th Mar 20257:00 amRNSPublication of Offer Document and Circular
5th Mar 20253:17 pmRNSHolding(s) in Company
27th Feb 20257:00 amRNSDividend Declaration and Offer Update

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.