Tag Archives: infrastructure

Waterland Private Equity and Lebara Group announce strategic partnership

Waterland

London, 12 August 2024 – Waterland Private Equity is pleased to announce the acquisition of Lebara Group B.V. (“Lebara”), a leading Mobile Virtual Network Operator (“MVNO”) providing high-quality telecommunications services to over four million customers across the UK, Netherlands, Germany, France, and Denmark.

Founded in 2001, Lebara has become one of the most successful MVNOs in Europe, continually expanding its offering and geographic footprint. Today, it is recognized as a leading challenger brand in its European mobile telecommunications markets, providing over four million customers with a great value alternative to the established category players, as well as exceptional customer satisfaction.

The transaction marks a buyout by Waterland Private Equity from the main existing owners Alchemy and Triton Partners. Waterland has been in discussion with the sellers and their advisors since January 2024 exploring strategies for Lebara’s seamless transition and continued growth.

Lebara’s strategic positioning as a value-focused challenger brand in the mobile SIM markets presents significant growth opportunities as consumers across Europe increasingly seek high-quality services at competitive prices. Lebara’s strong track record across its five markets demonstrates its ability to grow and adapt, making it a prime candidate for further expansion in partnership with Waterland.

Waterland has 25 years of experience in partnering with companies across Europe and brings extensive experience in the telecommunications sector through investments over that time. With this acquisition, Waterland aims to support Lebara’s growth ambitions in each of its markets.

“We are thrilled to partner with Lebara and its talented management team. Lebara has built a strong brand and loyal customer base by providing high-quality mobile telecommunications services at competitive prices. We look forward to working closely with the management team to continue on Lebara’s growth journey together, leveraging our expertise in the telecommunications sector.”, says Wendy McMillan, Partner at Waterland Private Equity.

Stephen Shurrock, CEO of Lebara, also shared his thoughts on the new partnership: “We are excited to join forces with Waterland Private Equity. Their extensive experience and successful track record in the telecommunications industry make the Waterland team an ideal partner for us. This partnership will provide us with the resources and strategic support needed to accelerate our growth and enhance our service offerings, ultimately benefiting our customers across all our markets. It has also been our pleasure to work with Alchemy and Triton over the last few years. They have been hugely supportive of the Lebara turnaround, and have invested in the company to achieve significant growth. Lebara now has the latest digital platform, a focus on customer experience and strong team to continue its growth story.”

As with all deals and transactions of this nature, this partnership is subject to necessary regulatory approvals before the acquisition can be completed.

Press Contact:
Ellie Hallam
Phone: +44 7502 409118
E-mail: ellie@wearehollr.com

ABOUT LEBARA
Lebara Group B.V. is a Mobile Virtual Network Operator (MVNO) offering high-quality, cost-effective telecommunications services. Serving over 4 million customers across the UK, Netherlands, Germany, France, and Denmark, and operating brand license agreements in a further 5 markets around the world, Lebara is the smarter choice for value-conscious consumers.

ABOUT ALCHEMY
Alchemy is a leading European corporate special situations investor. The Partners, Thomas Boszko, Ian Cash, Alex Dupée, Alex Leicester, John Rowland, Dominic Slade and Toby Westcott, have worked together for 12 years and lead a team of 25 investment professionals including experienced Senior Advisers and Portfolio Consultants.

Alchemy is focused on the mid-market and is a specialist in acquiring control of businesses through debt and equity. The firm has invested over £3bn since 2006 across more than 80 companies, spanning a broad range of sectors including financial services, hospitality and housebuilding.

For more information, please visit www.lebara.com.

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TIM: Agreement signed with Ardian and Daphne 3 to sell the residual stake in INWIT

Ardian

Expected in the fourth quarter proceeds of approximately €250 million, not included in 2024 guidance.

TIM, Impulse I (a consortium led by Ardian) and Daphne 3, have reached an agreement for the sale of TIM’s remaining 10% stake in the share capital of the holding company Daphne 3, which holds 29.9% of the share capital of Infrastrutture Wireless Italiane (“INWIT”).

The agreement is based on a valuation of INWIT share price of €10.43 and corresponds to proceeds to TIM, not included in the 2024 guidance, of approximately EUR 250 million, taking into consideration the existing net debt at Daphne 3 level. Terms and conditions of the transaction are in line with the practice of public M&A deals of comparable nature, including certain customary protections applicable after signing.

The closing of the transaction is subject to certain conditions and is expected to take place in the 4th quarter of 2024.

 

ABOUT ARDIAN

Ardian is a world-leading private investment house, managing or advising $166bn of assets on behalf of more than 1,650 clients globally. Our broad expertise, spanning Private Equity, Real Assets and Credit, enables us to offer a wide range of investment opportunities and respond flexibly to our clients’ differing needs. Through Ardian Customized Solutions we create bespoke portfolios that allow institutional clients to specify the precise mix of assets they require and to gain access to funds managed by leading third-party sponsors. Private Wealth Solutions offers dedicated services and access solutions for private banks, family offices and private institutional investors worldwide. Ardian’s main shareholding group is its employees and we place great emphasis on developing its people and fostering a collaborative culture based on collective intelligence. Our 1,050+ employees, spread across 19 offices in Europe, the Americas, Asia and Middle East are strongly committed to the principles of Responsible Investment and are determined to make finance a force for good in society. Our goal is to deliver excellent investment performance combined with high ethical standards and social responsibility. At Ardian we invest all of ourselves in building companies that last.

ardian.com

 

ABOUT TIM

TIM offers fixed and mobile telephony services and products for communication and entertainment for individuals and households and supports small and medium-sized enterprises in their path towards digitalisation with a portfolio tailored to their needs.
Cloud, IoT and Cybersecurity technologies are at the heart of TIM Enterprise’s End-to-End solutions for companies and the public institutions that support the country’s digital transformation by making use of the largest data centre network in Italy, the expertise of Group companies such as Noovle, Olivetti and Telsy, and partnerships with leading industrial groups.
TIM Group develops 4G and 5G mobile network and fibre network infrastructure, that makes available to the entire market, both through a widespread national presence and intentionally through Sparkle. In Brazil, TIM Brasil is a major player in the South American communications market and a leader in 4G and 5G coverage.
The Group also support projects of high social interest via TIM Foundation in Italy and Instituto TIM in Brazil.

Media Contacts

ARDIAN

HEADLAND

ardian@headlandconsultancy.com

TIM

Press office https://www.gruppotim.it/media

+39 06 36882610

 

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Novacap Announces Partnership with CTG

Novacap

Novacap, a leading North American private equity firm, announced today that it has entered into a partnership with Communications Tower Group I LLC (“CTG”). CTG is the third portfolio company within Novacap’s Digital Infrastructure platform.

Headquartered in Charlotte, NC, and founded in 2015, CTG is a leading developer and operator of communication tower infrastructure in the U.S.

“This partnership highlights our commitment to investing in core telecommunications assets. We take great pride in backing the CTG team in their ambitions to develop telecommunications infrastructure in the U.S.,” says Ted Mocarski, Senior Partner, Head of Digital Infrastructure at Novacap.

“We are excited and pleased to announce our partnership with Novacap. This collaboration will bolster our ongoing mission to build, own, and manage critical wireless infrastructure assets throughout the United States, while also facilitating the deployment of 5G and eventual 6G networks,” says Ricardo Loor, CEO and Co-Founder at CTG.

Choate Hall & Stewart LLP served as legal advisor to Novacap. Taft Stettinius & Hollister LLP served as legal advisor to CTG.

About CTG

Founded in 2015, Communications Tower Group I LLC’s (CTG) team leverages over 120 years of combined experience in the wireless telecom industry to deliver high-value asset development. The CTG team has been involved in thousands of wireless infrastructure projects and has the ability to develop some of the most prized vertical assets in its class. For more details, please visit: https://ctowergroup.com.

About Novacap

Novacap is a leading North American private equity investor and one of Canada’s most experienced private equity firms. Founded in 1981 to partner with visionary entrepreneurs, Novacap focuses on middle market companies in four core sectors, Technologies, Industries, Financial Services and Digital Infrastructure. Novacap combines deep sector specific expertise and strategic and operational excellence to partner with entrepreneurs and management teams. Since its inception, the firm has made primary and add-on investments in more than 250 companies. Novacap has over C$8 billion of assets under management and more than 110 employees, including 65-plus investment professionals, across offices in Montreal, Toronto and New York. For more information on Novacap, please visit: https://novacap.ca.

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ArcLight Announces Operating Focused Renewables Initiative and New Wind Investment

Searchlight Capital
  • SkyVest Renewables created with a highly experienced team and advisory board to operate and optimize renewables assets
  • Initial $500 million capital commitment for new investments and brownfield development
  • Acquisition of 160 MW operating wind farm indicative of strategy and value-add focus

BOSTON, July 29, 2024 /PRNewswire/ — ArcLight Capital Partners (together with its affiliates, “ArcLight“) today announced the launch of operating focused renewables investment initiative SkyVest Renewables (“SkyVest“) and concurrent acquisition of a 160 MW operating wind farm.

SkyVest, formed by ArcLight to operate and optimize acquired assets, builds on ArcLight’s deep history in renewables since 2001 and brings together an experienced and tenured team to provide transformational management and operational best practices for ArcLight’s investments in wind and solar infrastructure.

SkyVest Logo
SkyVest Logo

ArcLight is providing an initial $500 million capital commitment to the initiative, and as part of this, concurrently closing on the acquisition of a 160 MW operating wind farm located in the Midland Basin in Texas that reached commercial operations in 2020. SkyVest will leverage its internal expertise and ArcLight’s resources to drive a value-enhancing operational and commercialization strategy.

ArcLight and SkyVest will target operating utility-scale wind and solar assets in North America. Through the implementation of operational, technical, commercial, financial and redevelopment best practices, assets managed by SkyVest will have the potential to generate significant near-term cash flow while protecting against downside risk. SkyVest will also augment ArcLight’s existing dedicated in-house operations resources in asset management, data analytics, and project risk management.

“ArcLight has a deep history of investing in renewables dating back to our first fund, focused on bringing operating excellence, innovation, power expertise, and brownfield development skills to drive value and mitigate risk,” said Dan Revers, Managing Partner of ArcLight. “SkyVest augments our existing in-house capabilities to implement these value-added levers. We see a growing opportunity to capitalize on this strategy with a continued disciplined and highly selective investment approach.”

SkyVest is led by a group of experienced and tenured executives including President Michael Murphy, previously the SVP and CIO of Clearway Energy, and CFO Michael Current, previously the SVP of Finance of JERA Americas. The executive team is complemented by an accomplished team of senior advisors and board members including Mark Albenze, former CEO Global Service at Siemens-Gamesa; Tom Kiernan, former CEO of American Clean Power/AWEA; and Scott Hall, former CEO of Great River Hydro.

“I am excited to partner with ArcLight, which I view as one of the leading domestic renewable infrastructure investors,” said Mr. Murphy. “ArcLight has a multi-decade history of making renewable infrastructure investments, driven by a value-added approach and operational resources that I believe are imperative to driving value and mitigating risk in the renewables market today.”

“As the renewables sector continues to grow and mature, the operational and commercial requirements are changing, which in turn creates the opportunity to apply a value-add skill set compared to the ‘growth-at-all-cost’ orientation of the past,” said Carter Ward, Partner at ArcLight. “Similar to ArcLight’s prior operating renewable investments – including Leeward, TerraGen and Great River Hydro – we believe SkyVest has the resources required in today’s market to become one of the leading operators of wind and solar assets in the U.S.”

About ArcLight
Founded in 2001, ArcLight is a leading value added, infrastructure investment firm with strategic partnerships and investments across the power, renewables, strategic gas, battery storage, and transformative infrastructure sectors. ArcLight has a long track record of investing across the electrification infrastructure asset value chain to help support reliability, security and sustainable infrastructure. ArcLight’s team employs an operationally intensive investment approach that benefits from its dedicated in house strategic, technical, operational, and commercial specialists, as well as the firm’s ~1,900-person asset management partner. Since 2001, ArcLight’s funds have invested in infrastructure and related businesses with nearly $70 billion of total capitalization. For more information, please visit www.arclight.com.

About SkyVest
SkyVest is a strategic management team formed and owned by ArcLight to manage and operate utility-scale renewable wind and solar infrastructure. SkyVest will focus on operating wind and solar assets that, through operational, technical, commercial and brownfield development best practices and innovation, have the potential to generate near-term cash flow and mitigate risk. SkyVest also leverages ArcLight’s dedicated portfolio operations resources in asset management, data market analytics, and project risk management to help meet the growing need for renewable infrastructure, access to affordable power, reliability, and sustainability. For more information, visit www.skyvest.com.

SOURCE ArcLight Capital Partners

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CVC DIF to acquire leading German aviation ground service equipment lessor HiSERV

DIF

HiSERV

  • HiSERV owns a fleet of more than 5,000 vehicles across 30 European airports
  • CVC DIF backing will support further growth in the wider European market

CVC DIF, the infrastructure strategy of leading global private markets manager CVC (via its CIF III fund), has agreed the acquisition of HiSERV, the German market leader in aviation ground service equipment (GSE) leasing from AVECO Holding.

HiSERV engages in GSE leasing and maintenance and repair services through its network of workshops across European airports. It serves a blue chip customer base of independent ground handlers, airlines and airport operators. The company owns and services a fleet of over 5,000 units varying from motorised pushback tractors and belt loaders to non-motorised dollies and baggage carts. HiSERV is headquartered in Berlin, Germany, and serves over 60 customers across more than 30 European airports.

HiSERV will be acquired from AVECO Holding, a German family holding predominantly active in facility services. In 2017, the current CEO of HiSERV Roland Ückert spun HiSERV out of WISAG Aviation Service, a leading multinational ground handler and airport service provider, with a view to establish a superior GSE leasing offering to the broader market.

The company has shown significant growth on the back of strong post-covid aviation sector recovery and a focus on delivering high-quality equipment and services to its customers. Now that HiSERV continues as a stand-alone company backed by CVC DIF, a next phase of growth lies ahead as a pan-European GSE platform.

“HiSERV has been revolutionising the GSE leasing market since 2017 by delivering premium quality at fair and transparent prices. I am thankful for the support provided by AVECO Holding in building up the company over the years and am very excited about the next chapter of growth with CVC DIF, where we can continue to enable to serve our customers to be competitive in ground handling on a pan-European level. There are significant growth opportunities for HiSERV ahead and we are keen to be supported by CVC DIF in the next phase,” said Roland Ückert, CEO of HiSERV.

Willem Jansonius, Partner and Head of CIF Investments at CVC DIF, commented: “We are impressed by HiSERV’s strong growth and relentless focus on delivering high-quality GSE and services to its customers across Europe. GSE is essential infrastructure for the aviation industry and the further electrification of the fleet will positively contribute to the energy transition of the wider industry. HiSERV is a strong platform to expand market share in the growing GSE leasing market both organically and inorganically and we look forward to working closely with Roland and his team.”

Michael C. Wisser, CEO at AVECO Holding, added: “I am proud of HiSERV’s growth path, driven by a strong team of dedicated people and their unwavering focus on customer excellence. The company is now ready for its next phase of growth to make its high-quality services available throughout the whole of Europe and CVC DIF is the perfect partner to make this happen.”

The transaction is subject to customary regulatory approvals and expected to close in Q3 2024.

 

About HiSERV

HiSERV is the German market leader in ground service equipment (GSE) leasing with a strong European foothold. Since 2017, HiSERV provides customers with the best possible fleet design at airports to optimize, and thus save, elementary resources in the long term. This is done by offering premium quality, great flexibility, and smart GSE at a fair and transparent price. The large fleet of over 5,000 units are an essential part to the aviation infrastructure.

For more information, please visit: www.hiserv.aero

About CVC DIF

CVC DIF (formerly DIF Capital Partners) is a leading global mid-market infrastructure equity fund manager.

Founded in 2005 and headquartered in Amsterdam, the Netherlands, CVC DIF has c.€18 billion of infrastructure assets under management in energy transition, transport, utilities and digitalisation.

With over 240 people in 12 offices, CVC DIF offers a unique market approach, combining a global presence with the benefits of strong local networks and sector-focused investment capabilities.

CVC DIF forms the infrastructure strategy of leading global private markets manager CVC. This partnership allows CVC DIF to benefit from CVC’s global platform, with 29 offices across five continents.

For more information, please visit www.dif.eu or follow us on LinkedIn.

About AVECO Holding

AVECO Holding is a non-listed stock corporation. It unites the business areas of WISAG with WISAG Facility Service as a full-service provider for real estate services, WISAG Industry Service as a specialist for support services for industry and WISAG Aviation Service as a full-service provider for ground handling services. AVECO Holding is family-owned and located in Germany.

For more information, please visit: www.aveco.de

 

Press contacts:

For CVC DIF

Renate Klöters

press@dif.eu

For AVECO Holding

Jana Lorena Eggert

jana.eggert@wisag.de

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EQT to sell its stake in fiber-to-the-home network Fiberklaar

eqt

EQT, which co-founded Fiberklaar in 2021, has agreed to sell its stake to co-shareholder Proximus

Since 2021, Fiberklaar has successfully become the leading independent fiber-to-the-home provider in the Flemish region of Belgium

Today, Fiberklaar has many active construction projects across Flanders and is well on track to bring fiber to households throughout the region

EQT is pleased to announce that the EQT Infrastructure V fund (“EQT”) has signed an agreement to sell its majority stake in Fiberklaar (the “Company”) to its co-shareholder Proximus, Belgium’s largest telecom operator, for a purchase price of EUR 246 million.

Headquartered in Ghent, Fiberklaar is Flanders’ leading independent fiber-to-the-home provider, rolling out a large-scale, open access network to households and small businesses. Today, Fiberklaar has many active construction projects across Flanders and is well on track to bring fiber to households throughout the region. Fiberklaar was founded as a joint venture in 2021 by EQT and Proximus, marking EQT’s first partnership with a national telecoms incumbent.

Applying its experience in developing strong fiber companies in Europe and North America, EQT, alongside Proximus, has supported Fiberklaar in creating an efficient rollout engine to build a fiber network accessible to all operators. Since its formation, Fiberklaar has played an instrumental role in accelerating fiber deployment in the Flemish region, driving digital inclusion in Belgium which continues to lag other European countries in terms of fiber coverage.

Having achieved significant milestones during its ownership, EQT’s exit is a natural next step for Fiberklaar. The Company now begins a new chapter in its journey to increase access to high-speed connectivity solutions in Belgium, while playing a role in Proximus’ possible future cooperation agreements to roll-out fiber in Flanders.

Ulrich Köllensperger, Partner within the EQT Value-Add Infrastructure Advisory team, said: “Private capital has a huge role to play in supporting companies solving connectivity gaps and modernizing digital infrastructure. We are pleased to have helped Fiberklaar scale so quickly together with Proximus, drawing on our vast experience of multiple fiber-to-the-home rollout projects across geographies. We thank the entire Fiberklaar team for their contribution and look forward to following the Company’s journey as it continues to foster digital inclusion and contribute to the prosperity of the Flemish Region.”

Guillaume Boutin, CEO Proximus, said: “Over the past three years, Fiberklaar, with full support of EQT Infrastructure and Proximus, has transformed from a start-up into a strong deployment engine. Becoming the only shareholder of Fiberklaar will allow us to work more closely together and further increase the efficiency and quality of the fiber roll-out in Flanders, while capturing the value generated by synergies.”

Jo van Gorp, CEO Fiberklaar, said: “I am very grateful to EQT for their great cooperation and support and look forward to the next phase of our partnership with our sole shareholder Proximus. Fiberklaar has played an instrumental role in accelerating fiber deployment in the Flemish region, driving digital inclusion in Belgium which continues to lag other European countries in terms of fiber coverage. We have achieved many impressive milestones over the last years with our most valued employees, construction partners and suppliers. With the valuable experience and know-how of the Proximus Group and the good relations with our stakeholders, Fiberklaar is well positioned to continue its mission to further roll out its high-quality and future-proof fiber network open to all.”

The closing of the transaction is expected in the coming days.

Contact
EQT Press Office, press@eqtpartners.com

About

About EQT
EQT is a purpose-driven global investment organization with EUR 246 billion in total assets under management (EUR 133 billion in fee-generating assets under management), within two business segments – Private Capital and Real Assets. EQT owns portfolio companies and assets in Europe, Asia-Pacific and the Americas and supports them in achieving sustainable growth, operational excellence and market leadership.

More info: www.eqtgroup.com
Follow EQT on LinkedIn, X, YouTube and Instagram

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Ratos company Presis Infra secures new contracts amounting to NOK 3 billion in the first half of 2024

Ratos

During the first half of 2024, Ratos company Presis Infra, which specialises in the maintenance of critical infrastructure including ferry quay operation and maintenance, and rockfall protection in Norway and Sweden, was awarded new contracts amounting to NOK 3 billion. In total, there are nine new contracts in both Norway and Sweden, signed with existing customers, with terms from 2024 to 2030.

“As we summarise the first half of 2024, we can state that Presis Infra’s development has been positive and that the company’s establishment in Sweden, which began in 2023, is progressing well. Maintenance of critical infrastructure will play an important role in the future in Norway and Sweden, and Presis Infra has what it takes to succeed and the expertise to do so in a cost-efficient and sustainable manner,” says Christian Johansson Gebauer, Board member of Presis Infra and President, Business Area Construction & Services, Ratos.

The contracts were signed with Norwegian municipalities, the Norwegian Public Roads Administration (NPRA) and the Swedish Transport Administration, and the projects are spread throughout Norway and in Järna in Sweden.

“We are proud of the confidence our clients have shown in us and look forward to continuing our productive partnership. We are particularly extra proud that we get received such high scores on the mandatory climate elements in the procurements we won. In addition to other compulsory requirements such as price and project understanding, we are strong when it comes to sustainability aspects,” says Eivind Iden, CEO, Presis Infra.

For more information, please contact:
Josefine Uppling, VP Communication & Sustainability, Ratos, +46 76 114 54 21

About Ratos
Ratos is a Swedish business group focusing on technological and infrastructure solutions, consisting of 17 companies divided into three business areas: Construction & Services, Industry and Consumer. The companies have approximately SEK 34 billion in net sales (LTM). We have a distinct corporate culture and strategy – everything we do is based on our core values: Simplicity, Speed in Execution and It’s All About People. We enable independent subsidiaries to excel by being part of something larger. People, leadership, culture and values are key focus areas.

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Ratos company Presis Infra secures new contracts amounting to NOK 3 billion in the first half of 2024

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Ardian enters into revised agreement with Ferrovial to acquire a 22.6% stake in Heathrow

Ardian

This statement should be read in conjunction with Ferrovial’s statements issued November 28th 20231 , January 16th 20242  and June 14th 2024, and by Ardian on November 29th 20233.

Ardian, a world-leading private investment house, today announces that it has entered into a revised agreement to acquire a c. 22.6% stake in FGP Topco Ltd. (TopCo), the holding company of Heathrow Airport Holdings Ltd., from Ferrovial S.E. and certain other TopCo shareholders.

In November 2023, Ardian announced that it had entered into an agreement to acquire 15% of TopCo from Ferrovial.  In January 2024, certain shareholders of TopCo (the Tagging Shareholders) elected to exercise their tag along rights in respect of shares representing 35% of the share capital of TopCo.

The parties have been working towards satisfaction of the condition for the sale of the Tagged Shares to be sold alongside Ferrovial’s shares.  Following constructive discussions, Ardian has entered into a revised agreement to acquire c. 22.6% of TopCo from Ferrovial and certain of the Tagging Shareholders (together, the Sellers).  Under the terms of the revised agreement, infrastructure funds managed and advised by Ardian will acquire c. 22.6% while Saudi Arabia’s Public Investment Fund will acquire c. 15.0% of TopCo concurrently from the Sellers, through separate vehicles.  Each of the Sellers will sell a pro rata portion of their shares prior to the transaction and remain as continuing shareholders of TopCo.  Following completion of the transaction, the Sellers will retain shares representing 10.0% of the issued share capital of TopCo, in the same pro rata proportions.

Ardian is pleased to have worked closely with the parties to find this revised agreement and reiterates its strong commitment to investing the UK.

Ardian actively supports its assets to accelerate their transformation by leveraging data and new technologies to reduce emissions, creating new, more sustainable revenue sources, becoming more independent and resilient to external shocks, and improving their impact on both local and global environments. Through Ardian AirCarbon, an in-house pioneering solution that supports airports in their sustainability strategy towards net-zero by monitoring their carbon emissions and running simulations on decarbonization trajectories, Ardian aims to accelerate the decarbonization of the whole sector.

The transaction is subject to complying with right of first offer and full tag-along rights which may be exercised by the other TopCo shareholders pursuant to the Shareholders’ Agreement and the Articles of Association of TopCo. In addition, completion of the acquisition under the agreement is subject to the satisfaction of applicable regulatory conditions.
1  https://newsroom.ferrovial.com/en/press_releases/ferrovial-announces-agreement-to-sell-stake-heathrow/
2 https://newsroom.ferrovial.com/en/press_releases/tag-along-rights-exercise-in-the-framework-of-the-agreement-for-the-sale-of-heathrow/
3 https://www.ardian.com/news-insights/press-releases/ardian-enters-agreement-ferrovial-acquire-15-stake-heathrow

ABOUT ARDIAN

Ardian is a world-leading private investment house, managing or advising $166bn of assets on behalf of more than 1,600 clients globally. Our broad expertise, spanning Private Equity, Real Assets and Credit, enables us to offer a wide range of investment opportunities and respond flexibly to our clients’ differing needs. Through Ardian Customized Solutions we create bespoke portfolios that allow institutional clients to specify the precise mix of assets they require and to gain access to funds managed by leading third-party sponsors. Private Wealth Solutions offers dedicated services and access solutions for private banks, family offices and private institutional investors worldwide. Ardian’s main shareholding group is its employees and we place great emphasis on developing our people and fostering a collaborative culture based on collective intelligence. Our 1,050+ employees, spread across 19 offices in Europe, the Americas, Asia and Middle East are strongly committed to the principles of Responsible Investment and are determined to make finance a force for good in society. Our goal is to deliver excellent investment performance combined with high ethical standards and social responsibility.
Through its direct infrastructure investment activities, Ardian has significant experience in owning and operating European airports. In the UK, Ardian was a 49% shareholder of London Luton Airport from 2013 until 2018. During Ardian’s period of ownership, a significant redevelopment of the terminal, transport links and infrastructure was successfully completed in close cooperation with Luton Borough Council. In Italy, Ardian is an indirect shareholder of Milan Linate, Milan Malpensa, Naples and Turin airports alongside their regions and municipalities.
At Ardian we invest all of ourselves in building companies that last.

PRESS CONTACT

5654

LIZ MORLEY

liz.morley@5654.co.uk+44 (0) 7798683108

PRESS CONTACT

5654

BEN THORNTON

ben.thornton@5654.co.uk+44 (0) 7793056329

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Ardian acquires 100% stake in CampusParc, concessionaire of the Ohio State University’s parking system

Ardian

Deal marks Ardian’s first transportation / P3 investment in the US.

Ardian, a world-leading private investment house, today announces that it has acquired a 100% stake in CampusParc, the concessionaire that manages, operates, and maintains the parking facilities at The Ohio State University’s flagship campus in Columbus, Ohio. Ardian acquired the company from funds managed by QIC.

Formed in 2012 as a Public-Private-Partnership (P3), CampusParc is the first and largest university parking concession in the US with over 38,000 total parking spaces. It provides parking for students, faculty, staff and visitors at The Ohio State University – the fifth largest public university in the US with more than 90,000 students and faculty – as well as the staff and visitors at Wexner Medical Center, a nationally recognized research facility and teaching hospital located on campus.

CampusParc, which has a strong track record and working relationship with The Ohio State University and other key local stakeholders over the past 11 years, is operating under a 50-year Concession Lease Agreement, with 39 years remaining. Working alongside the management team, Ardian will support CampusParc in its overall operations to deliver essential parking solutions and maintenance of assets that drive customer satisfaction. It will also leverage digital strategies from across its infrastructure portfolio to optimize CampusParc’s operations and performance. Additionally, it will leverage its ESG expertise to implement additional sustainability initiatives for the company.

Ardian’s Infrastructure team has a long track record of experience developing and acquiring essential infrastructure assets across the global transportation, energy, and digital infrastructure sectors. This transaction will be made through the Ardian Americas Infrastructure Fund V (AAIF V) and complements Ardian’s existing infrastructure portfolio in the Americas.

“CampusParc is Ardian’s first transportation investment in the US, and it’s an ideal fit within the broader strategy of our Americas fund. We are particularly excited to work with such a strong management team and support its commitment to the growing community. We look forward to assisting CampusParc in the years ahead and working closely with The Ohio State University, a premier academic institution.” Stefano Mion, Co-Head of Infrastructure Americas, Ardian

“This transaction marks an exciting milestone for our essential infrastructure strategy in the Americas. We admire CampusParc’s innovative solutions and customer-centric approach, and together, we look forward to leveraging our collective strengths to enhance the customer experience.” Leonarda Orani, Managing Director Infrastructure, Ardian

No additional financial details were disclosed.

LIST OF PARTICIPANTS

  • ARDIAN

    • FINANCIAL ADVISOR: SOLOMON PARTNERS
    • LEGAL: ORRICK
    • TECHNICAL: BTY GROUP
    • COMMERCIAL & MARKET: ALG
    • FINANCIAL: PWC
    • TAX: LEO BERWICK
    • INSURANCE: ALLIANT

ABOUT ARDIAN

Ardian is a world-leading private investment house, managing or advising $166bn of assets on behalf of more than 1,600 clients globally. Our broad expertise, spanning Private Equity, Real Assets and Credit, enables us to offer a wide range of investment opportunities and respond flexibly to our clients’ differing needs. Through Ardian Customized Solutions we create bespoke portfolios that allow institutional clients to specify the precise mix of assets they require and to gain access to funds managed by leading third-party sponsors. Private Wealth Solutions offers dedicated services and access solutions for private banks, family offices and private institutional investors worldwide. Ardian’s main shareholding group is its employees and we place great emphasis on developing its people and fostering a collaborative culture based on collective intelligence. Our 1,050+ employees, spread across 19 offices in Europe, the Americas, Asia and Middle East are strongly committed to the principles of Responsible Investment and are determined to make finance a force for good in society. Our goal is to deliver excellent investment performance combined with high ethical standards and social responsibility.
At Ardian we invest all of ourselves in building companies that last.

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Ardian launches an open version of Ardian AirCarbon platform to help airports reach net-zero

Ardian

Ardian AirCarbon is a software platform for airports to quickly and effectively quantify and act on aviation emissions
• This open version of Ardian AirCarbon provides access to average carbon emissions1 per country and fuel efficiency data for most commercial airports globally
• Ardian’s ambition is for Ardian AirCarbon to become a key platform for airports working to reach net-zero targets

Ardian, a world-leading private investment house, is launching a free, open version of Ardian AirCarbon, its proprietary emission quantification and reduction tool for the aviation industry. This is the first platform showing average daily carbon emissions per country and aircraft efficiency indicators for most commercial airports worldwide. The platform is available on www.air-carbon.com.

Through its direct infrastructure investment activities, Ardian has significant experience in owning and operating European airports and has always put the net zero target for the industry by 2050 at the heart of its strategy, as detailed in the study published in 2022 The Fight for a Net Zero Aviation.

As part of this strategy, Ardian AirCarbon has been developed since 2019 by Ardian’s Data Science and IT teams in close collaboration with our portfolio airport teams to support the Scope 3 emissions dynamic assessment at airports where the Infrastructure team is an investor. Scope 3 is estimated to represent more than 95% of an airport’s emissions as it covers all indirect emissions, such as those generated by an aircraft landing, take-off and taxiing, or airport ground vehicles. The platform uses granular, real-time operations data to quantify and project emissions2. This enables airport operators to effectively monitor and reduce their CO2 emissions. Following successful usage by the airports and inquiries from non Ardian owned airports to access the platform, it has been decided to provide Ardian AirCarbon more broadly. The platform is currently deployed in five airports across Europe (Keflavík, Milan Malpensa, Milan Linate, Naples and Turin) and covers a total of 59 million yearly passengers3.

This new open version of Ardian AirCarbon is open to everyone and aims at monitoring on a global scale the progress made on the decarbonization trajectories for the aviation industry. The platform will thus provide open access to the aggregated Scope 3 carbon emissions of airports within each country, alongside more in-depth aircraft efficiency indicators such as the proportion of high, medium and low fuel efficiency aircraft in the overall aircraft mix of an airport at any given date. It complies with recommended methodology from the Airport Carbon Accreditation (ACA), the global certification program for airport carbon management. More information on which emissions are displayed, which airports or flights are mapped, or how Ardian AirCarbon computes emissions can be found in our FAQ.

Airports who would like to go further can also subscribe to the Pro version to access a complete view of their Scope 3 emissions, based on their operations data and including additional Scope 3 items such as half-cruise and ground service equipment emissions.

Ardian AirCarbon has already been used by airports to reach important sustainability and net-zero reporting milestones. For example, in 2024, Milan’s SEA airports used Ardian AirCarbon to renew their ACA 4+ certification for the current year. This was the first time the platform had been used by an airport to report half-cruise flight emissions to the ACA.

The goal is for the platform to become a tool for the entire airport ecosystem and to support the aviation sector in achieving net-zero.

“Making Ardian AirCarbon open and available to all stakeholders is an important step in supporting the transition to a more sustainable industry. As a long-term investor and shareholder in airports, it is our duty to help secure the future of aviation for the next generations and to meet the goals of the Paris Agreement. We look forward to working with the entire aviation ecosystem to control emissions, because collectively we need to act now.” Mathias Burghardt, Executive Vice President and Head of Infrastructure, Ardian

“Ardian AirCarbon is an essential tool for airports seeking to reduce their carbon footprint and participate in the decarbonization of the industry. With this open version, we are proud to offer our expertise and help the industry achieve its ambitious net-zero goals by making it easier to access and track emissions data. We invite the whole aviation industry to use Ardian AirCarbon and join us in this essential mission.” Pauline Thomson, Head of Data Science and Managing Director Infrastructure, Ardian

1 The platform is accounting for other types of emissions than CO2 only, but all are expressed in carbon equivalent on Ardian AirCarbon

2 The open version the Ardian AirCarbon platform computes data from multiple sources (see details in our FAQ). In the Pro version Ardian AirCarbon platform, each airport may provide its own data to refine the emissions assessment.

3 Based on the number of passengers at each airport in 2023

ABOUT ARDIAN

Ardian is a world-leading private investment house, managing or advising $164bn of assets on behalf of more than 1,600 clients globally. Our broad expertise, spanning Private Equity, Real Assets and Credit, enables us to offer a wide range of investment opportunities and respond flexibly to our clients’ differing needs. Through Ardian Customized Solutions we create bespoke portfolios that allow institutional clients to specify the precise mix of assets they require and to gain access to funds managed by leading third-party sponsors. Private Wealth Solutions offers dedicated services and access solutions for private banks, family offices and private institutional investors worldwide. Ardian’s main shareholding group is its employees and we place great emphasis on developing its people and fostering a collaborative culture based on collective intelligence. Our 1,050+ employees, spread across 19 offices in Europe, the Americas, Asia and Middle East are strongly committed to the principles of Responsible Investment and are determined to make finance a force for good in society. Our goal is to deliver excellent investment performance combined with high ethical standards and social responsibility.
At Ardian we invest all of ourselves in building companies that last.

ardian.com

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ARDIAN

HEADLAND

ardian@headlandconsultancy.com 

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