BBGI Global Infrastructure S.A. (LSE:BBGI) entered into an agreement to acquire 33.33% stake in Aberdeen Western Peripheral Route, 100% stake in Ayrshire and Arran Hospital and North West Fire & Rescue from Balfour Beatty plc (LSE:BBY) on July 6, 2021. The completion of 100% stake in Ayrshire and Arran Hospital and North West Fire & Rescue acquisition occurred on July 6, 2021. The consideration for the interests is being funded from drawing upon the Company's new £230 million corporate revolving credit facility, announced on June 1, 2021 and existing cash resources. The completion of in Aberdeen Western Peripheral Route acquisition is subject to final funder clearance, which is expected imminently. James Benjamin of Maitland/AMO advised BBGI Global Infrastructure S.A. on the deal. The collective value of BBGI's interests in these four investments is approximately £75 million.
Kristy Duane, Philip Duffield, Joseph Ladusans, Tom Ballard, Stephanie Flynn of CMS von Erlach Poncet acted as a legal advisor to BBGI Global Infrastructure S.A.

BBGI Global Infrastructure S.A. (LSE:BBGI) completed the acquisition of 33.33% stake in Aberdeen Western Peripheral Route, 100% stake in Ayrshire and Arran Hospital and North West Fire & Rescue from Balfour Beatty plc (LSE:BBY) on July 7, 2021.