London, UK. 26 Jan 2023 – Amberside Advisors Ltd is pleased to have supported GLIL Infrastructure LLP in their acquisition of an indirect 25% stake in the M6 Toll (Midlands Expressway) project from a subsidiary of the IFM Global Infrastructure Fund (IFM GIF), for an undisclosed amount.
The 43 km, six lane motorway near Birmingham, UK, provides congestion relief for the toll-free M6 and also for the A5, A38, and A446 highways.
Amberside provided a financial model audit of the acquisition model produced by Credit Agricole CIB, GLIL’s financial advisor, interrogating model logic and verifying assumptions to financing documents and due diligence reports.
Philip Young, Senior Manager at Amberside, commented: “We are very proud to have assisted within this acquisition process, ensuring that our client had the confidence in the value of the M6 Toll. The M6 toll reduces journey times for tens of thousands of users per day, and will continue to do so for years to come”.
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About Amberside Advisors
A UK-based company founded over a decade ago, Amberside Advisors offers independent financial modelling and advisory services to large-scale energy, infrastructure and public sector projects. Amberside Advisors supports major infrastructure projects ranging across wind, solar, hydro and biomass, road and rail, schools and hospitals, as well as advising on public service delivery contracts in sectors such as healthcare and justice. Learn more at www.amberside.uk
About Steer
Steer is an independent consultancy working worldwide across cities, infrastructure and transport. We have spent over forty years providing pioneering planning, design and advisory services to government and business. Steer design combines a deep understanding of people, context and function to deliver innovative, user-centred design that helps to make our cities, transport systems and public places understandable, accessible and enjoyable for all. Steer is led by experienced wayfinding strategists, planners and designers with in-depth technical understanding and experience communicating with clients, stakeholders and communities to successfully deliver engaging, inspiring and lasting projects worldwide. Find out more at www.steergroup.com