Image 1 of Investment in Celtic Roads Group (Waterford), a PPP project company operating a toll road in Ireland

Investment in Celtic Roads Group (Waterford), a PPP project company operating a toll road in Ireland

We are delighted to announce our investment in Celtic Roads Group (Waterford) DAC ("Celtic Roads Group (Waterford)"), a PPP project company, alongside co-investor IST3 Investment Foundation and asset manager Real Assets Investment Management. The company operates the N25 Waterford Bypass, a toll road in Ireland.

Image 2 of Investment in Celtic Roads Group (Waterford), a PPP project company operating a toll road in Ireland

Key Points of the Investment

Located around Waterford, a city between Ireland's first and second largest cities, the toll road is expected to attract solid traffic demand. The asset will be managed under stable operations by our experienced partner. Through this investment, we aim to expand our knowledge and experience in the road sector, where the PPP scheme has yet to be widely implemented in Japan.

Future Actions

Through this infrastructure investment, we will contribute to the sustainable development of the Irish economy by providing reliable services to the transportation sector.

Posted on January 31, 2023