Invesis
Invesis is an investor and developer in Public-Private Partnership (PPP) projects, wholly-owned by PGGM, from development and financing through to design, construction, maintenance, operations – all the way to handback. Invesis’ portfolio today includes stakes in c. 50 operational public infrastructure projects including schools, hospitals, public buildings, roads, rail and water infrastructure in the Netherlands, Belgium, Ireland, UK, Germany and Australasia and includes c. 120 staff across 7 jurisdictions.
Why did we invest?
Our investment in Invesis was made to gain exposure to:
- Essential public infrastructure supported by long-term public sector demand across social infrastructure and transport assets
- Predictable, availability-based revenues backed by public sector counterparties, supporting stable and resilient cash flows
- A PPP model that brings long-term private sector involvement to the development, financing, operation and maintenance of complex public infrastructure
How does it fit the 3D Framework?
The investment supports PGGM’s 3D objectives through the following characteristics:
- Long-term, concession-based cash flows from a diversified portfolio of public infrastructure projects
- Predictable, availability-based revenues backed by government counterparties and diversification across social and transport infrastructure related public assets
- Contribution to positive social outcomes by delivering and maintaining essential infrastructure used by communities, including schools, hospitals, transport links and other public facilities
Transaction between PGGM and BAM successfully completed
23 December 2020
BAM and PGGM to extend their PPP partnership
23 November 2020
BAM and PGGM in discussion to extend their PPP partnership
13 August 2020
Levvel reaches financial close on Afsluitdijk project successfully
30 May 2018
