DIF Capital Partners (DIF) sold its stake in a portfolio of six
European PPP assets to Equitix. The portfolio consisted of shareholdings
in a number of critical infrastructure projects that DIF invested into
as primary transactions: A1/A6 Road, IJmond Sea Lock and N18 Road in the
Netherlands, A7 Nord Road and Netz West Rolling Stock in Germany, as
well as the radio-oncology centres at two hospitals in Vienna
(Krankenhaus Hietzing and Sozialmedizinisches Zentrum Ost).
Tibor Varga (Partner, Banking & Finance), Martin Brodey (Partner, Corporate/M&A) and Patricia Backhausen (Senior Associate, Corporate/M&A) advised DIF on the sale of the Austrian PPP-project. The team further included Bernhard Müller (Partner, Public Law), Clemens Semelmayer (Associate, Corporate/M&A) and Anneliese Keinrath (Associate, Banking & Finance).
"We are delighted to have assisted DIF in this unique and successful project", says Tibor Varga. “By having invested in these projects early-on, DIF showed its clear pursuit for high-quality assets with a long-term horizon”, states Martin Brodey.
“It was a pleasure to have advised in this healthcare infrastructure
project and we thank DIF and A&O for the great cooperation”, adds Patricia Backhausen.
DORDA advised as Austrian local counsel to DIF’s lead counsel Allen
& Overy. The A&O team included, amongst others, Zeeger de Jongh
(Partner, Netherlands), Sara Pickersgill (Partner, UK), Wolfgang Melzer
(Partner, Germany), Hugh Hobhouse (Senior Associate, UK), Cees van
Ginneken (Associate, Netherlands), Olivia Hardy (Associate, UK) and
Mesut Korkmaz (Associate, Netherlands).
DIF Capital Partners is a leading global independent fund manager,
with € 8.5 billion of assets under management across nine closed-end
infrastructure funds and several co-investment vehicles. DIF Capital
Partners invests in greenfield and operational infrastructure assets
located primarily in Europe, the Americas and Australasia.