Skip to main content

Puerto Rico deals

The authorities in Puerto Rico awarded a contract to a consortium for two toll roads under a 40 year deal. The joint venture partnership comprises Spanish firm Abertis and Goldman Sachs' GS Global Infrastructure Partners II. The deal concerns the 83km PR22 road and the 8km PR5 road. The PR22 link is a major route with up to 10 lanes at its widest point while the urban PR5 road runs from PR22 to the western suburbs of San Juan.
April 19, 2012 Read time: 2 mins
RSSThe authorities in Puerto Rico awarded a contract to a consortium for two toll roads under a 40 year deal. The joint venture partnership comprises Spanish firm Abertis and 5029 Goldman Sachs' GS Global Infrastructure Partners II. The deal concerns the 83km PR22 road and the 8km PR5 road. The PR22 link is a major route with up to 10 lanes at its widest point while the urban PR5 road runs from PR22 to the western suburbs of San Juan. However further deals are in hand in Puerto Rico and the authorities intend to award three further road lease deals in due course. The next package will be for the PR52 and PR20 roads and the third for toll roads in the eastern part of Puerto Rico. The fourth concession will be for a new-build highway project and involve a construct and operate contract for an extension of the existing PR22 highway.

For more information on companies in this article

Related Content

  • Dynamic charging boosts electric vehicles’ potential
    December 16, 2014
    With an increasing need to use electric vehicles in city centres to reduce pollution, David Crawford looks at various solutions to power delivery. The UN’s September 2014 Climate Summit has added fresh momentum to the drive to increase urban electric vehicle (EV) takeup. It has launched the Urban Electric Mobility Initiative, which wants to see EVs accounting for 30% of all urban travel by 2030, and make cities worldwide more friendly to their use. Encouragingly, the plan is being well supported by commerci
  • Chile launches ambitious transport plan
    November 7, 2014
    In an effort to boost a weakening economy, Chilean President Michelle Bachelet has announced a nearly US$4.2 billion transport infrastructure plan, including one new metro line in Santiago, cable car systems in three other cities and rail projects. The plan includes US$1.9 billion in new concessions, with the expansion of public-private partnerships (PPPs) to the metro system and US$2.2 billion in works directly funded by the government. In Santiago, the program involves developing feasibility studie
  • Rating agency Standard and Poor Tolling sees a bright future for tolling
    September 6, 2017
    Few disruptions appear on the horizon for global toll road operators, with the US poised to become a better bet for major investment, according to ratings agency Standard and Poor’s (S&P’s) Global Ratings’ 2017 report, which rates toll road operators according to their ability to raise capital. The outlook is generally stable for business conditions and credit quality for toll roads worldwide. One positive exception is the US where the overall outlook is ‘positive’ as S&P expects traffic growth to increase
  • ‘Free’ power for signs, shelters and so much more
    March 17, 2016
    David Crawford looks at the sunny side of the street. Solar power has been relatively slow in entering the transport sector, but a current blossoming of activity bodes well for the large-scale harnessing of an alternative energy that is zero-emission at source and, in practical terms, infinitely renewable. Traffic management and traveller information systems, and actual vehicles, are all emerging as areas for deployment. Meanwhile roads themselves are being viewed as new-style, fossil fuel-free ‘power stati