CapMan Infra and CBRE Investment Management (CBRE IM), which each acquired a 50% stake in Norled AS in 2019, have now entered into an agreement for CBRE IM to acquire the entire stake managed by CapMan.
The exit is the first from the CapMan Nordic Infrastructure I fund.
CBRE IM is making the investment on behalf of a fund it sponsors as well as some of its separately managed accounts.
Norled’s current management team, led by CEO Heidi Wolden, will continue to run the day-to-day operations.