BBGI Global Infrastructure has agreed to acquire stakes in three social infrastructure investments in the United Kingdom, for an unknown purchase price.
The acquisitions consist of a 33.33 percent interest in the Aberdeen Western Peripheral Route, a 100 percent interest in Ayrshire and Arran Hospital, and a 100 percent interest in North West Fire & Rescue.
The Aberdeen Western Peripheral Route investment encompasses the design, construction, financing, operations and maintenance of 12 kilometers (7.5 miles) of the existing roadway, and 47 kilometers (29 miles) of new dual carriageway, including two significant river crossings. The concession runs until 2047. The project has reduced congestion in Aberdeen by approximately 46 percent and HGV traffic on local routes by approximately 55 percent.
In addition, the Ayrshire and Arran Hospital investment consists of the design, construction, financing and maintenance of a 206-bed acute mental health facility and com
