- May 2012: Vol. 5, Number 5

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

GIP Expands Airport Holdings with Edinburgh Buy


Global Infrastructure Partners (GIP), backed by Credit Suisse and General Electric, has outbid a consortium led by J.P. Morgan Asset Management to acquire Edinburgh Airport for £807 million ($1.3 billion).

The GIP fund purchased the Scottish airport from BAA, which operates Heathrow Airport near London as well as a number of regional airports. Aviation analysts estimated a sales price for the Edinburgh Airport in the range of £500 million to £700 million ($810 million to $1.1 billion), making the winning bid considerably higher than expected, according to the Reuters report.

BAA, which is owned by the Spanis

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?