Gijs Voskuyl, Head of CVC DIF commented: “These successful exits are a testament to the strength and foresight of the investment teams, as well as our dedicated divestment team. In today’s market, achieving liquidity requires more than just waiting for favourable conditions, it demands preparation, creativity, and deep market connectivity.”
Andrew Freeman, Partner & Head of Divestments at CVC DIF, commented: “Our core focus is on delivering meaningful outcomes for our investors – that means finding and executing exit strategies that others might overlook, and this is especially important when the broader market is subdued.”
Each of the three businesses have developed well during CVC DIF’s ownership period. Boluda Maritime Terminals which owns eight operational terminals in mainland Spain and the Canary Islands, has transformed its commercial strategy, leading to significant growth. Mallorca Fire Station, an availability-based PPP project on the island of Mallorca, Spain, has embraced significant costs efficiencies and operational improvements. TTIA, a port terminal located at the Strait of Gibraltar in Algeciras, Spain, has undergone multiple upgrades to increase volumes and improve the maturity of the terminal.
These three exits follow other recent divestment activity across CVC DIF’s portfolio including the sale of a 1GW+ portfolio of Australian renewable energy projects and the exit from a 169MW portfolio of Uruguayan wind farm projects.