Invesis, a global investor and developer of sustainable infrastructure, is pleased to announce that it will become fully owned by PGGM following the acquisition of Royal BAM Group’s remaining 50% share. This transaction positions Invesis positively to continue its mission of developing and investing in infrastructure projects that transform lives and communities worldwide.
Royal BAM Group (BAM) and PGGM have reached a conditional agreement for the transfer of BAM’s remaining stake to PGGM, with the transaction expected to close in early 2025. This reflects BAM’s strategic focus on project construction and operational activities rather than providing long-term equity investment. Invesis and BAM will continue to collaborate on current projects and specific future opportunities in some geographies.
For PGGM, this transaction builds on a partnership initiated in 2011 with the establishment of our joint investment vehicle. It reflects PGGM’s confidence in Invesis’ proven capabilities in managing a large investment portfolio and its strategic progress in developing new long-term sustainable investments.
Since its inception in 2005, Invesis has grown into a global leader in sustainable infrastructure investment and development, with a diverse portfolio of 50 projects across transportation, social infrastructure, energy transition, and digital sectors. With offices in the Netherlands, Belgium, Germany, the United Kingdom, Ireland, Australia, and North America, Invesis is proud to play a vital role in creating long-term value for communities and stakeholders.
Chris Williams, CEO at Invesis: “We are excited to embark on this new phase of our journey with PGGM, building on nearly 15 years of successful collaboration as they support the next stage of our growth as a global infrastructure investor and developer. Together, we will continue to develop and invest in transformative infrastructure projects that make a real difference to people’s lives, contribute positively to the environment and the communities we serve, and create a lasting legacy for future generations.”
Natasha Mol-Knechtel, Head of PPP and Social Infrastructure Investments at PGGM: “We look forward to Invesis continuing to actively identify opportunities for investment in PPP and other sectors aligned with PGGM’s ambitions as a long-term investor in infrastructure, and as an enabler for the public sector to provide sustainable infrastructure solutions closely matched with their social or community needs or decarbonisation and climate change priorities.”
Date
17/12/24
Phone
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