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Macquarie Infrastructure Partners II Completes Divestment of Elizabeth River Crossings NEW YORK (Business Wire) Macquarie Infrastructure Partners II (“MIP II”) announced today that it has completed the divestment of its 50% managed equity interest in Elizabeth River Crossings (“ERC”) to a special-purpose vehicle majority owned and controlled by Abertis. ERC’s facilities include the Downtown and Midtown Tunnels and the MLK Freeway extension in the Hampton Roads, Virginia region.
Karl Kuchel, CEO of Macquarie Infrastructure Partners, said: “We are proud of our involvement in the Elizabeth River Tunnels Project over the last eight years. The Project has successfully delivered improved transportation infrastructure to the Hampton Roads region, including major construction upgrades and best-in-class roadway operations. As an infrastructure investor, we look beyond the length of our ownership period and believe the Project is well positioned to continue to provide high qual
Dec 18, 2020
PORTSMOUTH, N.H. Wheelabrator Technologies Inc. ( Wheelabrator Technologies ) announced that it has entered into an agreement to sell WTI / EFW Holdings (“Wheelabrator U.K.”) to the European Diversified Infrastructure Fund III SCSp (“EDIF III”), an infrastructure fund managed by First Sentier Investors (“FSI”). The transaction is expected to complete in early 2021.
Wheelabrator U.K. is the largest pure play waste-to-energy business in the U.K. and is a developer, owner and operator of strategically located waste-to-energy facilities, with seven waste-to-energy facilities in operation and advanced development. Wheelabrator U.K. is an integral part of the U.K.’s environmental infrastructure, diverting waste from landfills or export to continental Europe to provide residents and businesses with local, sustainable disposal of non-recyclable solid waste while creating renewable energy.
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PORTSMOUTH, N.H., Dec. 17, 2020 /PRNewswire/ Wheelabrator Technologies Inc. ( Wheelabrator Technologies ) announced today that it has entered into an agreement to sell WTI / EFW Holdings ( Wheelabrator U.K. ) to the European Diversified Infrastructure Fund III SCSp ( EDIF III ), an infrastructure fund managed by First Sentier Investors ( FSI ). The transaction is expected to complete in early 2021.
Wheelabrator U.K. is the largest pure play waste-to-energy business in the U.K. and is a developer, owner and operator of strategically located waste-to-energy facilities, with seven waste-to-energy facilities in operation and advanced development. Wheelabrator U.K. is an integral part of the U.K. s environmental infrastructure, diverting waste from landfills or export to continental Europe to provide residents and businesses with local, sustainable disposal of non-recyclable solid waste while creating renewable energy.