NTR sells several road assets for €50m

RENEWABLE energy group NTR has further diluted its infrastructure interests by selling a number of its Irish road assets – including Dublin’s East-Link toll bridge – to Dutch investment fund, DIF Infrastructure II, for a total €50 million.

DIF will take control of East-Link Ltd (a wholly owned subsidiary of NTR) and NTR’s shareholding in CRG Dundalk, part of the Celtic Roads Group consortium.

Meanwhile, the group’s operation and maintenance division will be sold to international infrastructure services provider, Egis Road Operation.