EBRD acquires stake in Queen Alia Airport in Jordan

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.