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EBRD acquires stake in Queen Alia Airport in Jordan

January 30, 2019 / Airport Technology

The European Bank for Reconstruction and Development (EBRD) has completed the purchase of an indirect equity stake in Airport International Group (AIG), which is a concessionaire that manages Queen Alia International Airport (QAIA) in Jordan.In a statement, EBRD said: “The bank is committing up to €30.5m to AIG through the acquisition of an indirect stake in Meridiam Eastern Europe Investments II SAS (Meridiam), which acquired 32% of AIG last year.”AIG was established in Jordan in 2007 and operates as a private shareholding company. It was awarded a 25-year build-operate-transfer (BOT) concession by the Government of Jordan for the rehabilitation, expansion, and operation of QAIA.