![]() Client Work BCI Acquires BBGI Global Infrastructure SA in £1 Billion Take-PrivateJune 23, 2025 Authors Mia BacicPartner Laura JamesAssociate David W. LittlePartner Charlene HillerPartner Larissa SakumotoAssociate Adam KalbfleischPartner Zirjan (Zee) J. DerwaPartner Mercy LiuAssociate Simon GrantPartner Sophie Schaffer-WoodAssociate Greg M. JohnsonPartner Wesley R. NovotnyPartner British Columbia Investment Management Corporation (BCI) has acquired 100 percent of the issued shares of BBGI Global Infrastructure SA in an all-cash £1 billion take-private deal. BCI is amongst the largest institutional investors in Canada. Its acquisition of BBGI was made by BCI’s Infrastructure & Renewable Resources program, which invests in tangible long-life assets, and includes a portfolio of direct investments in companies across a variety of sectors spanning regulated utilities, energy, telecommunications, transportation, timberlands and agribusiness. Republishing Requests For permission to republish this or any other publication, contact Amrita Kochhar at kochhara@bennettjones.com. For informational purposes only This publication provides an overview of legal trends and updates for informational purposes only. For personalized legal advice, please contact the authors. AuthorsMia Bacic, Partner Vancouver • 604.891.5319 • bacicm@bennettjones.com Laura James, Associate Vancouver • 604.891.5170 • jamesl@bennettjones.com David W. Little, Partner Vancouver • 604.891.5146 • littled@bennettjones.com Charlene Hiller, Partner Vancouver • 604.891.5162 • hillerc@bennettjones.com Larissa Sakumoto, Associate Vancouver • 604.891.5389 • sakumotola@bennettjones.com Adam Kalbfleisch, Partner Toronto • 416.777.5757 • kalbfleischa@bennettjones.com Zirjan (Zee) J. Derwa, Partner Toronto • 416.777.6442 • derwaz@bennettjones.com Mercy Liu, Associate Toronto • 416.777.7874 • lium@bennettjones.com Simon Grant, Partner • Co-Head of Banking & Secured Transactions Practice Toronto • 416.777.6246 • grants@bennettjones.com Sophie Schaffer-Wood, Associate Toronto • 416.777.7882 • schafferwoods@bennettjones.com Greg M. Johnson, Partner Calgary • 403.298.4470 • johnson@bennettjones.com Wesley R. Novotny, Partner Calgary, Edmonton • 403.298.3447 • novotnyw@bennettjones.com |