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3i Infrastructure PLC on Friday said it has completed the sale of its stake in Dutch waste management company Attero to French investment firm Ardian Infrastructure.
3i Infrastructure, a Jersey-based infrastructure investment trust, back in July announced the sale of its 25% stake in Attero, a waste treatment and recycling company in the Netherlands.
3i will receive €215 million for the sale, which will be used to partially repay drawings on the company’s revolving credit facility.
Also, 3i said it has completed a further investment of £30 million in Future Biogas Ltd to fund the acquisition of two anaerobic digestion plants which are currently operated by Future Biogas.
3i Infrastructure shares were 0.3% higher at 327.50 pence each on Friday morning in London.
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