Bristol Airport is 50% owned by Macquarie European Infrastructure Fund (MEIF), 49% by Ontario Teachers’ Pension Plan (Teachers’), with 1% held by Sydney Airport.
MEIF is the first four European infrastructure fund managed by Macquarie Infrastructure and Real Assets (MIRA), the world’s largest infrastructure asset manager with more than £60 billion of infrastructure assets under management. MIRA’s European funds invest on behalf of UK and international pension funds and other institutions, holding long-term investments in high quality European infrastructure including Brussels Airport, Copenhagen Airport, Stockholm’s Arlanda Express, the UK’s Thames Water and two major German gas transportation networks - Thyssengas and OGE.
Teachers’ has been a shareholder since 2002 and increased its stake in Bristol Airport in 2009. Teachers' is Canada's largest single-profession pension plan with CAD117.1 billion in net assets. Teachers' pays pensions and invests plan assets on behalf of 300,000 working and retired teachers. Since its establishment as an independent organisation in 1990, it has built an international reputation for innovation and leadership in investment management and member services. Teachers' is a long-term investor in infrastructure assets around the world. Some of Teachers' investments in the UK include significant ownership interests in High Speed 1, Birmingham Airport, Scotia Gas Networks, Acorn Care and Education, and through InterGen it owns three high efficiency gas-fired power plants in the UK generating more than 2,000 MW.