Bestinver and DEI close the acquisition of N6 Irish toll roadconcessionaire and its operating company
6 March 2024
A consortium comprised by Bestinver Infra FCR (“Bestinver”) and Daiwa Energy &Infrastructure Co. Ltd. (“DEI”) have acquired (i) 55% of the entire share capital in N6(Concession) (Holdings) Limited, which owns the entire issued share capital of N6(Concession) Limited (the concession company for the N6 toll road in Connacht, Ireland, being
the “Concessionaire”); and (ii) 50% of the entire share capital in N6 (Operations) Limited (thecompany responsible for delivering O&M and major maintenance services to the Company,
being the “Operator”). Together with the past acquisition by [Bestinver] of the Concessionaire
and the Operator, the consortium now owns 100% of the Concessionaire and the Operator.
The asset is a 30-year concession signed in 2007 with Ireland’s transport authorities for theDBFO of a 58-km toll road between the cities of Galway and Ballinasloe. The road has been
operating for 13 years with a solid operational trach record, and the contract expires in 2037.
The road forms part of the main east-west route between Dublin and Galway, passing throughseveral high growth regions of West Ireland.
Francisco del Pozo, Head of Bestinver´s Infrastructure Funds, said: “It is a pleasure for us toclose this second part of the transaction alongside such a valued partner such as DEI. We arelooking forward to working together to ensure a stable and efficient asset management
period, and trust this will be the first of several opportunities we will be able to collaborate
jointly in the near future .”Morimasa Matsuda, President at DEI, said: “The acquisition of N6 with Bestinver enables usto own the second asset of the Irish transportation sector, further expanding and diversifying
our global portfolio. Furthermore, we are pleased to contribute to sustainable developmentof Ireland through the investment in N6. Lastly, we hope this investment with Bestinver would
start our long-term relationship, leading to future collaboration.”

About Bestinver Infra FCR
Bestinver has been managing investment funds for more than thirty years, being today oneof the leading independent asset manager in Spain, with more than 45,000 investors and6,000 million euros under management.
Bestinver has created the division of infrastructure funds with the ambitious objective ofmanaging 1,500 million euros in alternative investments in the next five years.
Bestinver Infrastructure area is focused on investing in brownfield and greenfield assets in thetransportation, renewable energy, social, telecom and water sectors located in Europe, North

America and selected Latin American countries. Additionally, Bestinver is focused on creating
long-term value by integrating ESG criteria to Bestinver’s investment processes.
About Daiwa Energy & Infrastructure Co. Ltd. (https://www.daiwa-ei.jp/en/)
Daiwa Energy & Infrastructure is a core strategic subsidiary of Daiwa Securities Group Ltd., forexploring further investment opportunities in infrastructure assets, renewable energy andresource. Daiwa Securities Group aims to realize the SDGs by creating a sustainable capital
cycle with the core concept of “From savings to SDGs” in its management vision “Vision 2030”.
Working together with our stakeholders, we strive to strengthen our medium- to long-term
corporate value and create a sustainable and prosperous society through SDGs and ESG
initiatives.