REG - 3i Infrastructure - Attero sale completion; Future Biogas Investment

3i InfrastructureAnnouncement

01/12/2023 07:00

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RNS Number : 2909V  3i Infrastructure PLC  01 December 2023

 

 
3i Infrastructure plc completes the sale of its stake in Attero and announces further investment in Future Biogas

1 DECEMBER 2023

3i Infrastructure plc ("3i Infrastructure" or "the Company") yesterday
completed the sale of its c.25% stake in Attero, one of the largest waste
treatment and recycling companies in the Netherlands. The sale, to Ardian, was
announced on 24 July 2023.

The net sale proceeds of €215m will be used to partially repay drawings on
3i Infrastructure's revolving credit facility.

Also on 30 November, the Company completed a further investment of £30
million in Future Biogas to fund the acquisition of two anaerobic digestion
plants which are currently operated by Future Biogas. This acquisition is in
line with our strategy to grow Future Biogas into a leading developer, asset
owner and operator of green gas plants in the UK.

 

-ENDS-

 

 

 

For further information, contact:

 Thomas Fodor            Tel: +44 20 7975 3469

 Investor enquiries      Email: thomas.fodor@3i.com (mailto:thomas.fodor@3i.com)

 Kathryn van der Kroft   Tel: +44 20 7975 3021

 Media enquiries         Email: kathryn.vanderkroft@3i.com (mailto:kathryn.vanderkroft@3i.com)

 

 

 

 

 

Notes to editors:

 

3i Infrastructure plc

 

3i Infrastructure plc is a Jersey-incorporated, closed-ended investment
company, an approved UK Investment Trust, listed on the London Stock Exchange
and regulated by the Jersey Financial Services Commission. The Company's
purpose is to invest responsibly in infrastructure, delivering long-term
sustainable returns to shareholders and having a positive influence on our
portfolio companies and their stakeholders.

 

3i Investments plc, a wholly-owned subsidiary of 3i Group plc, is authorised
and regulated in the UK by the Financial Conduct Authority and is the
investment manager to 3i Infrastructure plc.

 

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