3i European Operational Projects Fund acquires 80% in La Seine Musicale
3i Group plc has announced that 3i European Operational Projects Fund has acquired an 80% equity stake in La Seine Musicale PPP project in France from Infravia European Fund II.
La Seine Musicale is a 30-year PPP benefiting mainly from availability-based revenues from the Hauts de Seine département. The project includes a multi-functional performance complex located on Seguin Island on the Seine river, Paris. Its facilities include a 6,000 seat concert hall, a 1,150 seat auditorium, and one of the largest recording spaces in the Paris area, as well as venues for corporate events. The site has been in operation since 2017.
Country updates
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March 15, 2022
Final close achieved for InfraVia European Fund V
The InfraVia Capital Partners has reached the final close of EUR5 billion (US$5.53 billion) for its fifth infrastructure fund known as InfraVia European Fund V. The fund mainly focuses on&n...
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March 02, 2022
First Close achieved for Principal European Data Centre Fund
The Principal Real Estate has announced the first close for the Principal European Data Centre Fund. The fund is dedicated to acquiring data center assets in Europe. The initial capita...
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February 22, 2022
Quaero Capital completes acquisition of Eiffage's education portfolio
Eiffage has completed the sale of a stake in five educational institutes in France to Quaero capital. The portfolio includes the following PPPs in the field of education and research: 80% of the ca...
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February 21, 2022
Final Close of EUR1.8 bn achieved for Asterion Industrial Infra Fund II
Asterion Industrial Partners, an independent investment management firm has reached the final close of its second Fund, Asterion Industrial Infra Fund II FCR, with EUR1.8 billion (US$2.05 billion) in...
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February 21, 2022
France signs concession for military housing stock PPP project
French Ministry of Armed Forces has signed a concession for its Ambition Logement (Housing Ambition) program with 50/50 JV of Eiffage and Arcade-VYV. The program involves management of...
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