BBGI Global Infrastructure to acquire three social infrastructure investments in the UK
BBGI Global Infrastructure to acquire three social infrastructure investments in the UK Submitted 07|07|2021 - 9:26am BBGI Global Infrastructure , a global infrastructure investment company, is to acquire interests in three social infrastructure investments in the UK a 33.33 per cent interest in the Aberdeen Western Peripheral Route, a 100 per cent interest in Ayrshire and Arran Hospital, and a 100 per cent interest in North West Fire Rescue. Each asset is classified as availability-based under the investment policy of the Company and aligns with BBGIs ESG principles. The Aberdeen Western Peripheral Route investment encompasses the design, construction, financing, operations and maintenance of 12 km of the existing roadway (upgraded) and 47 km of new dual carriageway including two significant river crossings. The final section of the road opened in 2019 and the concession runs until 2047. The project was developed in compliance with strict EU environmental legislation and has reduced congestion in Aberdeen by approximately 46 per cent and HGV traffic on local routes by approximately 55 per cent.
BBGI Global Infrastructure to acquire three social infrastructure investments in the UK
BBGI Global Infrastructure to acquire three social infrastructure investments in the UK Submitted 07|07|2021 - 9:26am BBGI Global Infrastructure , a global infrastructure investment company, is to acquire interests in three social infrastructure investments in the UK a 33.33 per cent interest in the Aberdeen Western Peripheral Route, a 100 per cent interest in Ayrshire and Arran Hospital, and a 100 per cent interest in North West Fire Rescue. Each asset is classified as availability-based under the investment policy of the Company and aligns with BBGIs ESG principles. The Aberdeen Western Peripheral Route investment encompasses the design, construction, financing, operations and maintenance of 12 km of the existing roadway (upgraded) and 47 km of new dual carriageway including two significant river crossings. The final section of the road opened in 2019 and the concession runs until 2047. The project was developed in compliance with strict EU environmental legislation and has reduced congestion in Aberdeen by approximately 46 per cent and HGV traffic on local routes by approximately 55 per cent.