Ogier in Jersey has assisted Slaughter and May in advising US infrastructure investor Global Infrastructure Partners on its sale of London City Airport to a consortium of buyers for around GBP2 billion.
The group of investors comprises Ontario Teachers’ Pensions Plan Board, Alberta Investment Management Corporation, Borealis Infrastructure and Wren House Infrastructure.
London City Airport serves around four million passengers a year, a figure that has almost doubled since 2005.
The Ogier team was led by partners Matthew Shaxson and Raulin Amy and assisted by Dilmun Leach (senior associate).
Commenting on the deal Matthew Shaxson says: “We are delighted to have worked with Slaughter and May in advising Global Infrastructure Partners on the successful sale of London City Airport, which comprises the third transaction that we have acted on for GIP within the past few months.”
