Clifford Chance acts for Brookfield on Spanish PPP-vehicle acquisition

Clifford Chance advised Brookfield on the acquisition of DIF’s 80 per cent stake in an investment vehicle holding a portfolio of five Spanish public-private partnerships.

Iridium (ACS) is a co-investor in the vehicle, which has a portfolio that includes: a tranche of Line 9 of the Barcelona Underground, the Majadahonda Hospital, and Plaza Castilla, Prínicipe Pío and Avenida de América transportation hubs in Madrid.

The value of the deal was undisclosed.

The Clifford Chance team included: Samir Azzouzi (pictured), Guillermo Carrasco, Sonia Trendafilova, Carmen Satrústegui, Jose Luis Zamarro, María Álvarez-Tolcheff, Jorge Martin-Fernandez, Isabel Palacios, Rodrigo Uria, Eugenio Fernandez-Rico, Ana Cano, Miguel Odriozola, Belen Irissarry, Sonia Sebe, and Alberto Varela-Grandal.