Allianz SE : and Bastion acquire three Spanish infrastructure assets from Comsa Emte

Allianz Capital Partners is the Allianz Group's in-house investment manager for alternative investments. With offices in Munich, London, New York and Singapore Allianz Capital Partners manages around EUR 10 billion of alternative assets. The investment focus is on direct investments in infrastructure and renewable energy as well as private equity fund investments. ACP's investment strategy is targeted to generate attractive, long-term and stable returns while diversifying the overall investment portfolio for the Allianz Group insurance companies.

Bastion Infrastructure Group is an independent global infrastructure asset manager headquartered in Toronto, Canada. Its leadership team is comprised of seasoned principal investors that have collectively deployed in excess of CA$10 billion in equity infrastructure investments globally and across sectors. The firm is focused on acquiring low-risk and low-volatility cash generating infrastructure assets and managing them for the long term. Bastion targets investments in the power, water, transportation and energy infrastructure sectors, primarily within the OECD.

COMSA EMTE is a construction and infrastructure engineering firm based in Spain. Established in July 2009, the company is a merger between Spanish construction group COMSA (founded in 1891) and engineering company Emte SA (founded in 1961), highly specialised in installation projects for infrastructure: HVAC, fire, electrification, systems, automation, etc. COMSA EMTE specialises in Infrastructure; Engineering; Maintenance; Technology; Environmental Matters; Transport & Logistics; and Concessions & Renewable Energy.

COMSA EMTE CONCESIONES, a subsidiary of COMSA EMTE, manages assets worth 1,492 M€, operates 345 km of toll highways, 200 km of railway concessions transporting 49 million passengers per year and 10,000 parking spaces.