Bilfinger Berger completes Graham PFI asset purchase
Bilfinger Berger Global Infrastructure (BBGI) has completed the previously announced acquisition of additional equity interests in three PFI/PPP projects from Graham Investment Projects for £5.3m.
The interests are a 50% stake in Lisburn Colleges, a 25% stake in Scottish Borders Schools and a 16.66% stake in East Down Colleges and
This deal brings BBGI's interests in the projects to 100% in Lisburn Colleges and Scottish Borders Schools, and to 66.66% in East Down Colleges.
These projects are all now fully constructed and operational.
Download our free construction news iPhone / iPad app. Sign up to our FREE email newsletters or subscribe to our RSS feed for regular updates on the latest Construction News, Plant News, Contract News & Supplier News. The Construction Index also provides the latest Construction Tenders, Construction Market Data & Construction Law Commentary all FREE.
This article was published on 13/08/2012 (last updated on 13/08/2012).