GLIL, a UK infrastructure investor, has acquired an indirect 25% interest in the M6 Toll concessionaire from a subsidiary of the IFM Global Infrastructure Fund, which has been invested in M6toll since 2017 and will continue to indirectly own 75% of M6toll. IFM is in the process of integrating M6toll into the global transportation infrastructure portfolio of Aleatica.
The dual six-lane motorway near the English city of Birmingham functions as a congestion relief road for the publicly owned toll-free motorway M6 and nearby A5, A38 and A446 major roads.
Aleatica, founded in 2018, is a global operator and developer of transportation infrastructure assets headquartered in Madrid with annual revenues of around €810 million and about 3,000 employees. The company operates solely as a transport infrastructure operator and manages 20 concessions – 16 highways, two ports, one light railway line and 1one airport – across seven countries in Europe and Latin America. Aleatica is wholly owned by the IFM Global Infrastructure Fund.
GLIL Infrastructure is a partnership of UK pension funds which invests in Britain’s renewable energy, water and ports, trains, hospitals and schools.