Rubicon Capital Advisors announced successful sale of a minority equity interest in Sociedade Concesionaria Novo Hospital de Vigo, S.A. along with its associated hard and soft facility management operating company, Operadora Novo Hospital de Vigo, S.A., to River Rock European Capital Partners LLP, through its RiverRock Brownfield Infrastructure Fund 1. Rubicon acted as exclusive financial advisor to the seller, Concessia Cartera y Gestión de Infraestructuras, S.A.
Sociedade Concesionaria Novo Hospital de Vigo is responsible for the design, build and financing of the Alvaro Cunqueiro hospital together with the operation of the Alvaro Cunqueiro, Nicolas Peña and Meixoeiro hospitals located in the City of Vigo, Spain, under a long-term concession contract with the Regional Government of Galicia. The hospitals cater to over 600,000 people in the region, with Alvaro Cunqueiro being one of the largest and most technologically advanced hospitals in Europe, having been awarded the Future Health Project Award from the International Academy for Design and Health back in 2012.