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 Farra Marine on Ireland’s first next generation wind farm service craft

Multinational law firm Pinsent Masons has advised crew transfer vessel owner and operator Farra Marine on Ireland's first next generation wind farm service craft, the Farra Orla.

Pinsent Masons launches its tax practice in Spain

Multinational law firm Pinsent Masons has hired Gonzalo Gil Suarez in Madrid to lead the firm’s tax law practice in Spain.

Pinsent Masons wins Project Finance Deal of the Year at ALB China Law Awards

Multinational law firm Pinsent Masons has won Project Finance Deal of the Year at the Asian Legal Business China Law Awards 2021 for its work advising the Bank of China and a syndicate of 11 banks on the project financing of the USD$1billion Xiamen Xiangyu integrated stainless steel plant located in South Sulawesi, Indonesia.

People who viewed this press release also viewed

Show me all press releases

Pinsent Masons advises Farra Marine on Ireland’s first next generation wind farm service craft

Multinational law firm Pinsent Masons has advised crew transfer vessel owner and operator Farra Marine on Ireland's first next generation wind farm service craft, the Farra Orla.

Pinsent Masons launches its tax practice in Spain

Multinational law firm Pinsent Masons has hired Gonzalo Gil Suarez in Madrid to lead the firm’s tax law practice in Spain.

Pinsent Masons wins Project Finance Deal of the Year at ALB China Law Awards

Multinational law firm Pinsent Masons has won Project Finance Deal of the Year at the Asian Legal Business China Law Awards 2021 for its work advising the Bank of China and a syndicate of 11 banks on the project financing of the USD$1billion Xiamen Xiangyu integrated stainless steel plant located in South Sulawesi, Indonesia.

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