Schiphol, 18 April 2018 – DIF Core Infrastructure Fund I (DIF CIF I) is pleased to announce that it, together with Infranode, has completed the acquisition of a Norwegian portfolio of four rehabilitation centres, 41 care homes and seven preschools from SPG. DIF CIF I has acquired a 40% shareholding, and Infranode 60%.
The facilities are contracted and operated by renowned Norwegian and international private health and care providers, which receive their funding from local and regional public authorities. The portfolio’s assets are located in densely populated areas, with the majority located in the attractive greater Oslo region.
The investment provides mid to long-term contracted cash flows, with strong counterparties and is a good fit with DIF CIF I’s investment strategy.
Willem Jansonius, Partner at DIF added: “DIF is excited to enter the growing Norwegian private health and care market. We have established a strong partnership with Infranode and are looking forward to further growing this platform in the future.”
About DIF
DIF is an independent and specialist infrastructure fund management company, managing funds of approximately €5.1 billion across seven closed-end investment funds and several co-investment vehicles. DIF invests in the global infrastructure market through two differentiated and complementary strategies.
DIF Infrastructure V targets PPP / PFI / P3, regulated infrastructure assets and renewable energy projects.
DIF CIF I targets small to mid-sized infrastructure assets in, amongst others, the energy, transportation and telecoms sectors which generate stable and predictable cash flows that are protected over the mid-term.
Both strategies target greenfield and brownfield investments in Europe, North America and Australasia.
DIF has offices in Amsterdam, Frankfurt, London, Paris, Luxembourg, Madrid, Toronto and Sydney.
For more information, please contact:
Willem Jansonius, Partner
Email: w.jansonius@dif.eu
Allard Ruijs, Partner
Email: a.ruijs@dif.eu