InfraVia European Fund II and Egis Investment Partners have launched transaction to sell their stakes in A8 motorway to equity infrastructure fund managed by Schroder Aida. Before the sale InfraVia European Fund II owned 29% and Egis Investment Partners owned 19% stake in the motorway.

The A8 motorway project between Munich and Augsburg is a PPP pilot scheme and was the first-ever German motorway PPP project to reach financial close back in 2007. It includes the right for the concessionaire to expand, operate and maintain the motorway for a total concession length of 52km and a concession period of 30 years.

Hogan Lovells acted as legal advisor for InfraVia European Fund II and Egis Investment Partners.