Balfour Beatty sells three assets from its Infrastructure Investments portfolio

The international infrastructure group Balfour Beatty has announced the sale of its interests in three UK assets from its Infrastructure Investments portfolio: Aberdeen Western Peripheral Route, Woodland View Hospital and North West Fire & Rescue.

Balfour Beatty’s interests have been acquired by a subsidiary of BBGI Global Infrastructure S.A and are subject to final funder clearance, which is expected imminently.

The disposal proceeds are in excess of the Directors’ valuation as at 31 December 2020, consistent with Balfour Beatty’s strategy of optimising value through the disposal of operational assets, whilst continuing to invest in new equity opportunities.

(Picture – Transport Scotland)

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