Abertis-Goldman Sachs wins motorway concession in Puerto Rico

The Goldman Sachs Infrastructure Partners II-Abertis Infraestructuras consortium has been chosen by the Puerto Rican Government to operate the PR-22 and PR-5 motorways for a period of 40 years for US$1.08 billion. The operation will be formalised in September 2011.
April 19, 2012 Read time: 1 min
The 5029 Goldman Sachs Infrastructure Partners II-Abertis Infraestructuras consortium has been chosen by the Puerto Rican Government to operate the PR-22 and PR-5 motorways for a period of 40 years for US$1.08 billion. The operation will be formalised in September 2011. The consortium will finance 40 per cent of the project via capital contributions carried out by shareholders. The remaining 60 per cent will be financed with long-term debt, which 12 financial entities have signed.

The PR-22 motorway, which connects San Juan and Arecibo, has average daily traffic levels of 84,000 vehicles. The two motorways generated revenues of US$90 million in 2010.

Related Content

  • April 16, 2014
    Flagship French motorway inaugurated
    The inauguration of the French Landes A63 motorway marked the culmination of 27 months of major works carried out adjacent to traffic by the economic interest group GIE A63. The road concessionaire, Atlandes, of which Egis is a shareholder, had awarded the construction contract to GIE A63, which then hired Egis for the turnkey integration of fixed and operational equipment and an 80 per cent share of the engineering, procurement and construction management. Atlandes also awarded Egis the subsequent operati
    Read More
  • April 18, 2012
    Key Russian PPP project
    The Northern Capital Highway (NCH) consortium has been named the preferred bidder in the tender for the central section of St Petersburg’s Western High-Speed Diameter (WHSD) project. Should NCH win the tender process it will build and then operate the entire stretch of the toll road. The consortium comprises VTB Capital and Gazprombank from Russia in partnership with Italian company Astaldi and Turkish firm Ictas Insaat.
    Read More
  • May 18, 2015
    Panama's metro line 2 awarded
    The concession to build Panama City's metro line No. 2 has been awarded to a consortium comprised of Brazilian company Norberto Odebrecht and Spanish infrastructure giant FCC. The 22 kilometre long elevated line will connect the city's northern and eastern sectors and line No. 1. The consortium, known as Consorcio Línea 2, offered US$1.86 billion for civil works, US$50.7 million for maintenance works, and US$214 million for financing, totalling roughly US$2.2bn, according to Metro de Panama.
    Read More
  • September 18, 2014
    Four Colombia highway concessions to go ahead
    Colombia plans to award the construction of four more highways by November as part of a US$25 billion plan to expand and improve road quality and logistics, President Juan Manuel Santos said. Once the contracts are signed, the government will have wrapped up the concessions to build nine highways, the first leg of its 4G plan to build 8,000km of roads. Most of the projects will be carried out under public-private partnerships. "We have four more [highways] to award ... Those projects will be awarded b
    Read More

Highlighted Content