Hunt Acquires Half of British Infrastructure Firm

first_img Dan Cohen AUTHOR El Paso, Texas-based Hunt Cos., one of the nation’s leading developers of privatized military housing, acquired a 50 percent ownership in London-based Amber Infrastructure Group in a transaction designed to help Hunt take advantage of North America’s growing infrastructure market. Hunt has worked on public-private partnership (P3) projects for decades, as well multifamily housing, military housing, community development, commercial and mixed-use development, land development, real asset investment management and property/asset management.Amber has sourced, developed and financed more than 125 social infrastructure, transportation, renewable energy and urban redevelopment projects across the United Kingdom, Europe, Canada and Australia, focusing on P3s. Amber also provides management services on more than 80 infrastructure projects in eight countries.“This is a very important and strategic investment for Hunt,” said Hunt CEO Chris Hunt in a company press release. “The addition of Amber as a partner with extensive expertise in all facets of infrastructure significantly expands the capabilities to Hunt’s platform.”Hunt has been responsible for more than 70,000 total military homes built totaling $5.5 billion in total development costs and over $7 billion in construction costs under the Military Housing Privatization Initiative.“We anticipate the strength of Amber and Hunt as a combined entity will generate enhanced flow of attractive infrastructure investment opportunities in North America,” said Giles Frost, CEO of Amber Infrastructure Group. “There are a number of projects in the U.S. on which we will partner immediately.”last_img

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