Astaldi S.p.A. has signed the closing on the sale of its 59.4 percent stake in Veneta Sanitaria Finanza di Progetto S.p.A., the concession holder for Ospedale dell’Angelo in Venice-Mestre, Italy (also known as the New Hospital in Mestre).
Indeed, Astaldi S.p.A. and its investee Astaldi Concessioni S.p.A. transferred 53.9 percent and 5.5 percent, respectively, of the share capital of Veneta Sanitaria Finanza di Progetto to Core Infrastructure II S. à r. l., an institutional infrastructure fund controlled by Mirova S.A., a wholly owned subsidiary of OSTRUM Asset Management Group (formerly Natixis Asset Management), dedicated to responsible investments.
Further to the transaction, Core Infrastructure II acquires 59.4 percent of the share capital of the concession holder in which Astaldi and Astaldi Concessioni continue to hold a 0.5 percent interest each, thus guaranteeing continuity both in the development of infrastructure operation and in the relationship with the granting local Health Authority, U.L.S.S. 3 Serenissima.
The transaction is aimed at allowing a new partner of international standing to become a shareholder of the concession, hence opening the door to an institutional investor endowed by the necessary general requisites and the financial solidity for the future operation of the hospital.
The New Hospital in Mestre, a center of healthcare in Italy, has 680 beds and has been operational since April 2008.