StockMarketWire.com - Bilfinger Berger Global Infrastructure SICAV 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. 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.


At 8:53am: [LON:BBGI] Bilfinger Berger Global Infrastructure share price was +0.38p at 118.38p



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