Brookfield, through its open-ended core infrastructure fund Brookfield Super-Core Infrastructure Partners, has acquired a 49 percent minority stake in EduCo, a social infrastructure subsidiary of Samhällsbyggnadsbolaget i Norden’s (SBB).
EduCo was formed by contributing SBB's entire SEK 44.9 billion ($4.3 billion) social infrastructure portfolio for public education (including preschools, elementary schools, upper-secondary schools and universities) into the newly formed subsidiary at a transaction price of about SEK 43.7 billion ($4.2 billion).
EduCo is a difficult-to-replicate social infrastructure portfolio for public education, favored by preferred relationships with municipalities and publicly funded operators in the Nordics. EduCo’s investment strategy is to invest in and manage social infrastructure assets within the public-backed education sector in Sweden, Denmark, Norway and Finland, EdCo will be the main vehicle for SBB’s opportunities within the publ
