Cintra, Plenary team up to compete for Australian toll road projects

Cintra and Plenary, which have a long history of partnering on infrastructure projects, have combined to create a joint venture business to compete in the Australia and New Zealand road infrastructure market, with a focus on toll road and concession projects. Netflow brings construction capability through Cintra’s sister business Ferrovial Agroman. Cintra CEO Enrique Diaz-Rato said Netflow will play an important role in creating competition in the sector by looking to develop roads with a sharp focus on
February 15, 2017 Read time: 2 mins
5428 Cintra and Plenary, which have a long history of partnering on infrastructure projects, have combined to create a joint venture business to compete in the Australia and New Zealand road infrastructure market, with a focus on toll road and concession projects. Netflow brings construction capability through Cintra’s sister business Ferrovial Agroman.

Cintra CEO Enrique Diaz-Rato said Netflow will play an important role in creating competition in the sector by looking to develop roads with a sharp focus on customer outcomes.

Plenary CEO Paul Oppenheim said teaming with Cintra signalled Plenary’s intent to build on its Australian portfolio and follows successful road infrastructure projects in Australia and North America.

Phil Dreaver, a founding director of Plenary’s North American business, has been appointed managing director of Netflow. He confirmed that Sydney’s WestConnex was a significant opportunity for the new business and would attract Netflow’s initial focus.
Charging, Tolling & RUC

Related Content

  • February 17, 2017
    Thomas Concrete Group “growing in the US and Europe”
    The Swedish Thomas Concrete Group says it continues to grow in the United States, with the acquisition of three concrete plants in North and South Carolina, complementing the group’s network along the Atlantic coast. At the end of 2016, the Group also acquired three concrete plants in northern Poland. “Through strategic acquisitions in the US states of North Carolina, South Carolina and Georgia, Thomas Concrete Group has over the years achieved a strong position as a key supplier of ready-mixed concre
    Read More
  • June 18, 2024
    Crossing the line: managing traffic across jurisdictions
    The US will eventually have a fully-digitised transportation network, with traffic management devices talking to each other across massive distances. It’s really a question of pain points on the road to full deployment, explains Mark Talbot of Q-Free
    Read More
  • December 9, 2016
    Work begins on Auckland, New Zealand motorway project
    Work has begun on new US$509 million (NZ$709.5 million) motorway in New Zealand, extending from Puhoi, approximately 50 km north of Auckland, to Warkworth, a distance of 18.5 kilometres. The project is New Zealand’s second Public Private Partnership (PPP) for a state highway and will be delivered by the Northern Express Group, which will finance, design, construct, manage and maintain the motorway for the 25 years that will follow the expected five year period to build the motorway. Full ownership of the
    Read More
  • October 16, 2014
    Infrastructure investors line up for Indiana toll road
    According to a report by Reuters, some of the world's largest pension funds and infrastructure investors are forming consortia to bid for the operator of an Indiana toll road that filed for bankruptcy last month. Indiana agreed in 2006 to lease the 253 kilometre highway, billed as the Main Street of the Midwest, for 75 years in return for US$3.8 billion. It stretches across the northernmost part of Indiana from Ohio to Illinois, linking Chicago with the largest cities on the eastern seaboard. While f
    Read More

Highlighted Content