DIF Capital Partners (DIF) has announced that DIF Infrastructure III (DIF III) and DIF Infrastructure IV (DIF IV) have agreed to sell their stakes in a portfolio of six European PPP assets to Equitix.

The list includes shareholdings in a number of infrastructure projects, in which DIF invested as primary transactions: A1/A6 Road, IJmond Sea Lock and N18 Road in the Netherlands; A7 Nord Road and Netz West Rolling Stock in Germany; as well as the KAV Vienna Hospital in Austria. All projects are operational under availability-based contractual structures, with the exception of the IJmond Sea Lock project, which is in the final stages of construction. 

DIF was advised on the transaction by Cantor Fitzgerald and PwC (financial), Allen & Overy (legal), PwC (tax & accounting) and Atkins and Arup (technical). While the advisors of Equitix were CMS (legal), Deloitte (tax and accounting) and Arcadis (technical).