CMS has advised key infrastructure fund client Equitix on the conditional acquisition of stakes in six public-private partnership (PPP) projects held by DIF Capital Partners.
The projects are located in the Netherlands, Austria and Germany. The portfolio includes a 25% stake in the Dutch IJmuiden PPP, the world’s largest sea lock, the A1/A6 and the N18 Enschede-Groenlo road PPPs, the Vienna Radiation Oncology Hospital PPP, the German A7 Bordesholm-Hamburg motorway PPP and the Netz West rolling stock concession in Germany.
The transaction was announced on 19 April following a competitive sale process and is subject to several regulatory and other approvals.
The transaction was led by Bill Carr (London, Corporate). The team from CMS Netherlands was headed by Cecilia van der Weijden.
Cecilia van der Weijden
Dr Gerd Leutner
Dr Nicolai Ritter
Dr Jens Moraht
Dr Henry Stieglmeier
Dr Martin Eichholz