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Tue April 23 2024

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Balfour Beatty sells hospital PFI stake

29 Apr 15 Balfour Beatty has generated £72m from the sale of its 50% interest in the Royal Infirmary of Edinburgh project.

The Royal Infirmary of Edinburgh
The Royal Infirmary of Edinburgh

The investment is being acquired by funds managed by investment firm Equitix.

Balfour Beatty chief executive Leo Quinn said: “This transaction again underlines the quality of the investments portfolio and its ability to generate value for shareholders. It also demonstrates our commitment to maintaining a strong balance sheet through self-help as we deliver the first phase of the Build to Last transformation programme.”

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MPU
MPU

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