黑料社

黑料社

06 November 2026

Related Information

Balfour sells infrastructure assets

9 Nov 23 Balfour Beatty has raised more than £25m by selling two assets from its infrastructure investments portfolio.

Javelin Park waste plant near Gloucester, built by Balfour Beatty [photo by D Eaketts - creative commons - Wikipedia]
Javelin Park waste plant near Gloucester, built by Balfour Beatty [photo by D Eaketts - creative commons - Wikipedia]

Balfour Beatty has sold its 49.5% interest in UBB Waste (Gloucester) Holdings Limited, the owner of a waste incinerator at Javelin Park near Gloucester, to Urbaser Investment Limited, its joint venture partner on the waste-to-energy project .

It has also sold its 50% interest in the Moretti multifamily housing community in Birmingham, Alabama, USA to Henssler Capital LLC.

Balfour Beatty said that the proceeds were in excess of the directors鈥� valuation as of 30th June 2023 and were 鈥渃onsistent with the group鈥檚 strategy of optimising value through the disposal of operational assets, whilst continuing to invest in new asset opportunities鈥�.

MPU
MPU

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