Riyadh – Sharikat Mubasher: PIF, Saudi Arabia’s sovereign wealth fund, announced closing the acquisition deal of a 15% stake in FGP TopCo, the holding company of Heathrow Airport Holdings Ltd., from Ferrovial SE and certain other FGP TopCo shareholders.
In a parallel development, Ardian, a leading private investment house, has secured a 22.6% stake in FGP TopCo through a separate investment vehicle, according to an official press release.
Ardian’s involvement further reinforces the strategic importance of Heathrow Airport in the aviation sector and its potential to drive economic growth and innovation.
Turqi Al-Nowaiser, Deputy Governor and Head of International Investments at the PIF said: “PIF is pleased to be investing in Heathrow Airport, a vital U.K. asset and a world-class airport. We believe in the importance of infrastructure as a key sector in supporting the transition to net zero. Heathrow acts as a crucial gateway to the world, and we look forward to supporting Heathrow’s management in its efforts to secure the sustainable growth of the airport and to continue to maintain its position as a global aviation hub.”
PIF’s portfolio strategy emphasizes diversification across industries and regions. Its commitment to infrastructure reflects a long-term vision of fostering global connectivity, enhancing economic resilience, and addressing environmental challenges through investments that promote sustainability.
The investment in Heathrow Airport goes in line with PIF’s strategy to bolster key sectors and businesses as long-term partners as part of its global portfolio of assets.
