BBGI Global Infrastructure SA said that its equity investment in Highway 104 has achieved "substantial completion" in Nova Scotia, Canada.
BBGI was selected as the preferred bidder for a motorway project in Canada, following which the newly constructed motorway section connecting Sutherlands River and Antigonish in Nova Scotia, Eastern Canada, is now completed. BBGI, an infrastructure investor based in Luxembourg, now has a fully operational portfolio. The concession for this project is set to continue until 2043, with availability payments to be provided by the Nova Scotia government. BBGI holds a 50% equity interest in this endeavor. This project notably enhances the efficiency, safety, and flow of travel, as well as the movement of goods and services.
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