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Investors - DECEMBER 23, 2020

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Further investment into Northern Diablolo Rail Link

by Released

International Public Partnerships (INPP) has made an additional investment of €10 million ($12 million) and made a contingent commitment of a further €14 million ($17 million) to the 100 percent indirectly owned special purpose company that owns the Northern Diabolo Rail Link.

Diabolo is a rail infrastructure investment, which integrates Brussels airport with Belgium's national rail network.

The additional €10 million ($12 million) has been invested by the Company to support the project's liquidity position, ensure its debt covenants will continue to be met, and ultimately protect the value of the company's investment.  The likely need for this commitment has been flagged previously.

To read the full release, click here.

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