Macquarie Infrastructure Partners II Announces Agreement to Divest Investment in Elizabeth River Crossings

NEW YORK--(BUSINESS WIRE)--Macquarie Infrastructure Partners II (“MIP II”), announced that an agreement has been reached today to divest its 50% managed equity interest in Elizabeth River Crossings (“ERC”) as part of a full sale of ERC to Abertis and Manulife Investment Management, on behalf of John Hancock Life Insurance Company (U.S.A.). ERC’s facilities include the Downtown and Midtown Tunnels and the MLK Freeway extension in the Hampton Roads, Virginia region. ERC is a public-private partne