Brisa has agreed to sell 100% of its interest in Northwest Parkway (“NWP”), a long duration tollroad concession
which forms part of the ring road around Denver Colorado, U.S.A., to a consortium comprised of HICL Infrastructure Company Limited, the listed infrastructure investment company advised by InfraRed Capital Partners, DIF Infrastructure IV, a Europe based infrastructure fund and Northleaf Capital Partners, a Canada based private equity and
infrastructure investor.
The transaction headline valuation for NWP compares favourably to other recent US toll road transactions showing the strong demand for this quality asset.
Completion is subject to limited conditions and is expected to occur in early 2017.
Daniel Amaral, one of the Partners at Arcus and a member of Brisa’s Executive Committee, led the transaction for Brisa.
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