PGGM acquires remaining 50 percent in Invesis

Since first establishing our joint vehicle with Invesis BV in 2011 to invest in PPP projects, Invesis has grown to have a portfolio of 50 infrastructure investments under management. In 2020, PGGM acquired a 50% stake in Invesis BV from Royal BAM Group enabling the company’s transition to an independent global developer of infrastructure that it is today, with a local presence in the Netherlands, Belgium, Germany, the United Kingdom, Ireland, Australia and North America.

Through this transaction, PGGM acquires a highly skilled project development and operations team whom we have entrusted in to successfully grow and manage our existing portfolio of long term infrastructure investments. The Invesis team have overseen investments through the full project lifecycle from development right through to handback.

Invesis has successfully delivered stable core infrastructure investments for us ranging from critical Dutch flood protection projects in the form of the Afsluitdijk to affordable and social housing concessions in Australia in the form of Ground Lease Model 2 to public primary school projects in the form of the Egied van Broeckhoven school in Molenbeek, Belgium.

Natasha Mol-Knechtel, head of PPP and social infrastructure investments at PGGM: ,,We look forward to Invesis continuing to actively identify opportunities for investment in PPP and other sectors aligned with PGGM’s and its client PFZW’s ambitions to invest long-term in infrastructure, and as an enabler for the public sector to provide sustainable infrastructure solutions closely matched with their social or community needs or decarbonization and climate change priorities.”

Chris Williams, CEO, Invesis : "We are excited to embark on this new phase of our journey with PGGM, building on nearly 15 years of successful collaboration as they support the next stage of our growth as a global infrastructure investor developer. Together, we will continue to develop and deliver transformative infrastructure projects that make a real difference to people’s lives, contribute positively to the environment and the communities we serve, and create a lasting legacy for future generations.”

About PGGM Investment Management
PGGM Investment Management is part of the Dutch not-for-profit pension fund service provider PGGM. It fulfills a social mandate: the sustainable investment of the pension capital of around three million participants of PFZW, the pension scheme for the Dutch health and welfare sector. On 30 September 2024, PGGM IM managed EUR 257 billion in public and private markets globally.
More information about PGGM IM: https://www.pggm.nl/media/0mjcgtdo/annual-report-pggm-vermogensbeheer-bv-2023.pdf

About Invesis
Invesis transforms lives through sustainable infrastructure as a global investor and developer. With a portfolio of 50 assets, Invesis brings expertise to all phases of investment, from development and financing to design, construction, maintenance, operation and eventual handback. Operating across nine international offices, Invesis employs over 120 experts. Our portfolio includes the Silvertown Tunnel in the UK, Cross River Rail in Australia, and the University Hospital Schleswig-Holstein in Germany. Learn more at www.invesis.com.

More information about Invesis: www.invesis.com