British Columbia Investment Management Corporation (BCI) aims to increase its European infrastructure portfolio by 50% over the next five years, aligning with its strategy to grow its overall infrastructure investments by 60% by 2030.

Target Overview

The British Columbia Investment Management Corporation (BCI) is focused on increasing its investment in European infrastructure, aiming for a 50% increase over the next five years. This move is part of its broader strategy to expand its overall infrastructure portfolio by 60% by 2030. Currently, European assets make up 21% of BCI's infrastructure portfolio, and the firm intends to raise this to between 25% and 30%.

In 2023, BCI established a London office to facilitate this European expansion. Initially staffed by ten personnel, the office is expected to grow as BCI strengthens its investment presence in the region. Jerry Divoky, the senior managing director of infrastructure and renewable resources at BCI, highlighted the firm's successful track record of delivering strong returns with low risk through its infrastructure programs.

Industry Overview in Europe

Europe is currently recognized as a transaction-rich environment, with an abundance of infrastructure assets available for acquisition. The increasing demand for digital infrastructure, capitalizing on