StockMarketWire.com - Bilfinger Berger Global Infrastructure SICAV has completed the acquisition of a 50% interest in Northern Territories Secure Facility - a new 1,000 bed correctional facility, located on a greenfield site at Holtze, near Darwin, Australia.

When complete, the facilities will allow Northern Territory Corrections to engage prisoners into 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 which is rated Aa1 by Moody's Investor Services.




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