Publications

- July 2012: Vol. 5, Number 7

To read this full article you need to be subscribed to Institutional Investing in Infrastructure

Canada’s PSP Invests €500 Million in Isolux

by

Canada’s $58 billion pension fund Public Sector Pension Investment Board has invested €500 million ($613 million) in Isolux Infrastructure, the concessions arm of Spanish developer Isolux Corsan.

The investment is part of a capital raise that also included a €100 million ($123 million) equity injection from its parent company. The additional capital will support Isolux Infrastructure’s expansion.

Madrid-based Isolux Corsan decided in summer 2011 to aggregate all its worldwide concessions activities into a new company — Isolux Infrastructure. The latter comprises a raft of projects requiring capital investments of approximately €7.5 billion ($9.2 billion). Concessions had, in recent years, been growing the strongest among Isolux Cors

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?