APG, Global infrastructure Partners (GIP) and AustralianSuper have agreed to acquire a 37.4-percent interest in Peel Ports Group, a critical U.K. infrastructure asset located close to major demand centers. The seller was DWS.
Peel Ports, which is responsible for the operations and management of a network of seven strategically located ports around the United Kingdom and Ireland, is strategically positioned for Atlantic traffic.
Peel Ports was DWS’ flagship investment for its pan-European infrastructure strategy. The transaction is expected to close in first quarter 2022, pending regulatory review and approvals.