17, July 2017 EDF Invest to invest in Q-Park alongside KKR Infrastructure.
EDF Invest announces that it is investing alongside KKR Infrastructure in the Dutch car-park operator Q-Park NV.
Q-Park is one of Europe’s leading parking services providers, with more than 870,000 parking spaces in over
6,300 secure, clean, and well -managed parking facilities across ten Northwest European countries.
The company employs over 2,100 full-time employees and delivers efficient mobility services to its customers
through the use of increasingly smarter solutions and systems. EDF Invest’s Managing Director, Guillaume d’Engremont said: “Q-Park stands out by the quality of its car parks and the breadth of its portfolio in Europe. We are pleased to join KKR Infrastructure in this acquisition which will ideally complement our core infrastructure portfolio”.
EDF Invest will be involved in the governance with a seat at the Supervisory Board of Q-Park NV.
Closing is expected to occur in the second semester.
About EDF Invest
EDF Invest is the unlisted investment arm of EDF’s Dedicated Assets, the asset portfolio which covers its long-term
nuclear decommissioning commitments in France. EDF Invest manages a portfolio of over €5bn equity investments
through three asset classes: infrastructure, real estate and private equity.
The existing infrastructure portfolio includes stakes in RTE (the French electricity transmission company), Géosel
(an oil storage company based in Manosque), Thyssengas (the third largest gas transport company in Germany),
Aéroports de la Côte d’Azur (the second largest French airport operator, in joint control with Atlantia), TIGF (a gas
transport and storage company operating in the South – West of France), Madrileña Red de Gas (the operator of the
main gas distribution network in the region of Madrid) and Porterbrook (one of the three main rolling stock owning
companies in the UK). It will also be complemented by a stake in Autostrade per l’Italia (which operates 50% of
Italy’s toll motorway network) when the transaction closes in the second semester.