Acquisition of portfolio assets

29 March 2012

BBGI completes the purchase of 13 seed portfolio assets for £81.5m

Bilfinger Berger Global Infrastructure SICAV S.A. (ticker "BBGI"), which announced its maiden results on 27 March, is pleased to announced that it has completed the acquisition of a further 13 assets which are part of the seed portfolio. These assets were acquired for approximately £81.5 million.

The Global Portfolio currently totals 17 assets in Roads, Education, Healthcare and Justice across four countries - UK, Canada, Australia and Germany.

BBGI has previously announced the acquisition of Golden Ears Bridge and Kicking Horse Canyon in Canada and Royal Women's Hospital and Victoria Prisons in Australia for a total of £86.3 million.

All the projects acquired to date are supported by contracted, government-backed revenue streams, with inflation protection characteristics and consist of:

Duncan Ball Co-CEO of BBGI said

"BBGI now owns a 17-asset portfolio. There are only two assets that remain to be transferred from the seed portfolio: M80 Motorway and Unna Administrative Centre. M80 is expected to transfer in the second quarter and consent for the Unna asset (1.5% of portfolio value) remains outstanding.

We are looking forward to managing these assets which are focused on social infrastructure and availability-based roads infrastructure. We believe that there is potential upside from active management of this portfolio which together with a strong pipeline of future investment opportunities gives us confidence in the future performance of BBGI."

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

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