Interogo Holding adds minority investment in road and parking concessions to infrastructure portfolio
Interogo Holding has added a minority investment in road and parking concessions located in Spain, Canada, Scotland and Ireland. The investment is made through a partnership with Spanish infrastructure company, Ferrovial.
Interogo Holding has invested in Umbrella Roads BV, a joint venture done in partnership with Ferrovial. Umbrella Roads BV holds stakes in roads and a car parking business, enabling mobility in and around major European cities and in Toronto, Canada. The road and parking concessions of Umbrella Roads BV are critical road infrastructure assets, remunerated in the form of availability-payments or have a low traffic risk.
“This investment is well aligned with our strategy to target mature and core transportation infrastructure assets in Europe and North America. Transportation infrastructure, in this case ground transportation and parking, plays a critical role in enabling society and economic development and we are looking forward to our future cooperation with Ferrovial”, says Constantin Dogos-Docovitch, Head of IH Infrastructure Advisors.
About the transaction
Interogo Holding, via its infrastructure investment fund Inter Infrastructure Capital (“IIC”), and Spanish infrastructure company Ferrovial have created a joint venture to which Ferrovial has transferred its stakes in a number of road and parking concessions located in Spain, Canada, Scotland and Ireland.
The investment, by Interogo Holding infrastructure investment fund Inter Infrastructure Capital (IIC), was advised by IH Infrastructure Advisors AG. The investment is managed by Inter Fund Management S.A.
To read more about the transaction, please see below a link to the press release from Ferrovial: