News
28 January 2019
EBRD invests in Jordan’s Queen Alia Airport alongside Meridiam
In:
Social infrastructure
Region:
Middle East & Africa
The European Bank for Reconstruction and Development is taking an indirect equity stake in Airport international Group, the concessionaire operating Queen Alia International Airport in Jordan.
The bank is committing up to €30.5 million to AIG through the acquisition of an indirect stake in Meridiam Eastern Europe Investments 2 SAS (Meridiam), which acquired 32% of AIG last year.
In April 2018, a consortium comprising ADP Group, Meridiam and Asma Capital, acquired 85.25% of the shares from several selling shareholders, with ADP, one of the world's largest airport companies, increasing its stake to 51% and the Meridiam acquiring 32%.
