Pinsent Masons advises Aberdeen Infrastructure Funds on strategic partnership with Intertoll

06 Dec 2016 | 01:46 pm |

International law firm Pinsent Masons has advised Aberdeen Asset Management's Infrastructure Funds (AIF) on its acquisition of a 49.99% stake in Intertoll Europe’s PPP portfolio for ZAR 633.2 million (EUR 43 million).

French Translation

The portfolio comprises of shares in the A1 PPP in Poland (15%) and two sections of the M6 in Hungary, Mecsek (10%) and Duna (12.67%).

Pinsent Masons advised on the due diligence, and the sale and purchase agreement. The team was led by Partner and Head of Projects in the firm's Paris office, Stéphane Gasne, and Senior Associate Sonal Shah. They were supported by Gina Fogarty, Cyrielle Barbier and Alexandra Christensen (Projects), Michael Duffy and Kirsty McLean (Finance), Graeme Stapleton (M&A) and Robert Eriksson (Competition).

The assets will be held in a joint venture vehicle, which will be named Intertoll Capital Partners. JSE-listed Group Five, Intertoll Europe’s parent company, will continue to hold 50.01% of the portfolio.

Stéphane Gasne commented: "We are very pleased to have advised Aberdeen on this portfolio and arrangement that will allow both parties to invest in road projects. This deal is a great example of secondary market partnering as a platform for future infrastructure investments."

Latest press releases

Show me all press releases

Pinsent Masons advises Q ENERGY on the design and drafting of a refurbishment contract for a pioneering and innovative wind farm project based on second-hand turbines in France

Pinsent Masons has advised Q ENERGY on the design and drafting of a refurbishment contract for an innovative wind project in France, relying exclusively on second-hand wind turbines. The project, scheduled for commissioning in 2028, represents a significant step forward in the integration of circular‑economy principles within the renewable energy sector.

Pinsent Masons expands global arbitration offering with strategic partner hire in London

Multinational law firm Pinsent Masons has strengthened its international arbitration practice with the appointment of Cem Kalelioglu as a partner in London, reinforcing the firm's growing presence in high-value investor-state and commercial disputes.

Pinsent Masons advises on Victorian government-owned wind farm project

Multinational law firm Pinsent Masons has advised global wind turbine manufacturer Vestas on its role in the Delburn Wind Farm in the Australian state of Victoria.

People who viewed this press release also viewed

Show me all press releases

Pinsent Masons advises Q ENERGY on the design and drafting of a refurbishment contract for a pioneering and innovative wind farm project based on second-hand turbines in France

Pinsent Masons has advised Q ENERGY on the design and drafting of a refurbishment contract for an innovative wind project in France, relying exclusively on second-hand wind turbines. The project, scheduled for commissioning in 2028, represents a significant step forward in the integration of circular‑economy principles within the renewable energy sector.

Pinsent Masons expands global arbitration offering with strategic partner hire in London

Multinational law firm Pinsent Masons has strengthened its international arbitration practice with the appointment of Cem Kalelioglu as a partner in London, reinforcing the firm's growing presence in high-value investor-state and commercial disputes.

Pinsent Masons advises on Victorian government-owned wind farm project

Multinational law firm Pinsent Masons has advised global wind turbine manufacturer Vestas on its role in the Delburn Wind Farm in the Australian state of Victoria.

For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on

+44 (0)20 7418 8199 or 

Location contacts

We are processing your request. \n Thank you for your patience. An error occurred. This could be due to inactivity on the page - please try again.