A federal prison in northern Mexico owned by BlackRock Inc (BLK.N) has gone into operation, the government said, as the world’s largest asset manager expands further into infrastructure investment around the world.
A spokeswoman for prison agency OADPRS said that inmates began to arrive in August at the facility, known as CPS Coahuila, and that there were 139 people there by the end of that month. OADPRS declined to answer further questions.
Security at the prison is the responsibility of the Mexican government, while a BlackRock subsidiary runs operations such as food and maintenance.
The contract to build . . .
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