Balfour Beatty in £24m PPP deals
UK INFRASTRUCTURE company Balfour Beatty has sold its stake in two Scottish projects to AMP Capital Investors, the Australian wealth management company, for £24.3 million.
The deal covers a 23.9 per cent stake in the Edinburgh Royal Infirmary Public Private Partnership (PPP) concession, where Balfour will retain a 50 per cent stake. It also covers its entire 50 per cent interest in the Aberdeen Waste Water PPP concession.
The firm said the sale would generate a profit of around 21m, which "demonstrates the quality of Balfour's PPP investments".
Email to a friend
Print this page- Rangers run into the ground as furious HMRC battles to claw back tax
- Broken Rangers: Club signals intention to go into administration
- Rangers: ‘Crisis will soon be over and Rangers FC will survive’
- Scottish independence: David Cameron set to snub Alex Salmond’s separation talks bid
- Rangers blame HMRC for driving club to brink of administration
- Devo-max merely a dodgy back-up plan to save SNP, says Jim Sillars
- Scottish independence: No breakthrough in talks between Alex Salmond and Michael Moore
- The Rumour Mill: Thursday’s football news and gossip
- Scottish independence: David Cameron set to snub Alex Salmond’s separation talks bid
- The Rumour Mill: Wednesday’s football news and gossip
Looking for...
Featured advertisers
Jobs
Search for a job
Motors
Search for a car
Property
Search for a house
Weather for Edinburgh
Friday 17 February 2012
Today
Light rain
Temperature: 5 C to 10 C
Wind Speed: 22 mph
Wind direction: South west
Tomorrow
Cloudy
Temperature: -1 C to 6 C
Wind Speed: 24 mph
Wind direction: West
