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Arup advises Equitix on European infrastructure portfolio acquisition

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Felicity Baker Felicity Baker Marketing Manager,New York
22 August 2018

Arup’s transaction advice team has successfully worked on behalf of Equitix to acquire a diverse portfolio from the NIBC European Infrastructure Fund.

The portfolio is made up of renewable assets and social infrastructure that include healthcare, education and care home facilities, as well as renewable wind, solar and waste plants. 

The deal between the two infrastructure investment firms includes 13 assets across the UK and Europe. It will allow Equitix to increase its foothold in continental Europe jurisdictions including Spain, Germany, France and Belgium – as well as consolidate its position in UK social infrastructure assets. 

Arup's Business and Investor Advisory (BIA) team from across the UK, South Africa and Europe worked collaboratively to provide business plan inputs, and undertake technical due diligence including site visits to multiple sites across Europe. 

 
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This significant acquisition has allowed Equitix to broaden and diversify their investment portfolio of renewable and social infrastructure across Europe. Clients are looking for a more diversified set of solutions that can help meet their investment goals, and renewable assets are playing a more and more valuable role within these portfolios. ”

James Theobalds James Theobalds Director

Hugh Crossley, CIO of Equitix commented “As we continue to diversify and grow our portfolio, we are always looking out for attractive opportunities to acquire high-quality assets that meet our criteria. We are confident that the NIBC European Infrastructure Fund portfolio does just this and will allow us to leverage our local expertise and grow our exposure to new European infrastructure markets." 

The portfolios will be acquired in a single transaction, subject to closing conditions.