Aberdeen Standard closes its first Latin American infrastructure acquisition

19 October 2020 - 12:00 am UTC

Aberdeen Social Infrastructure Fund I has closed the acquisition of the Unidad de Personas Privadas de Libertad N°1 prison PPP in Uruguay

The fund, sponsored by UK-based Abeerdeen Standard Investments and co-managed by Colombian fund manager LQA Funds, is acquiring 100% of the 20-year prison PPP from Abengoa (85%) and a joint venture between Goddard Enterprises and LSG Sky Chefs (15%).

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