The project consists of the construction, maintenance and operation of the non-medical services of the Infanta Leonor Hospital which operates under an availability based payment scheme granted by the Community of Madrid. The hospital started operations in 2007 and the concession will run until 2035.

Infanta Leonor Hospital is one of the primary hospitals in the Madrid region, with a surface area of ca. 85,000 sqm and over 200 beds, providing services to a population of over 300,000 patients.

Fernando Moreno, DIF Partner and Head of Spain, added: “DIF is very pleased to have closed this acquisition. We are looking forward to working together with all stakeholders involved in the hospital to provide excellent services to the community of Vallecas. We believe this high quality project fits our existing Spanish portfolio very well and will deliver a stable yield to our investors”.

In this acquisition, DIF was advised by PwC (Financial), Jacobs (Technical), Garrigues (Tax) and Herbert Smith Freehills (Legal).

About DIF
DIF is an independent infrastructure fund manager, with €5.6 billion of assets under management across seven closed-end infrastructure funds and several co-investment vehicles. DIF invests in greenfield and brownfield infrastructure assets located primarily in Europe, North America and Australasia through two complementary strategies:

• DIF Infrastructure V targets equity investments in public-private partnerships (PPP/PFI/P3), concessions, regulated assets and renewable energy projects with long-term contracted or regulated income streams that generate stable and predictable cash flows.

• DIF Core Infrastructure Fund I targets equity investments in small to mid-sized infrastructure assets in the energy, transportation and telecom sectors with mid-term contracted income streams that generate stable and predictable cash flows.

DIF has a team of over 115 professionals, based in eight offices located in Schiphol (the Netherlands), Frankfurt, London, Luxembourg, Madrid, Paris, Sydney and Toronto. Please visit www.dif.eu for further information.

Contact:
Allard Ruijs, Partner
Email: a.ruijs@dif.eu