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.

For more information on companies in this article

Related Content

  • ANPR cameras considered for Severn Bridge restrictions
    April 15, 2025
    Wales-England crossing was built in 1966 and carries M48 motorway
    Read More
  • Positive incentives an alternative to road user charging?
    February 1, 2012
    The Netherlands has been looking at incentivising rush-hour avoidance. The intention is to better understand road users' motivations and find alternatives to congestion charging. Something significant needs to happen if we are to adequately address the traffic congestion and other issues caused by the ever-rising numbers of vehicles on our roads. Congestion or distance-based charging is seen as one way of managing demand and raising revenue for improvements to transport infrastructure. However, charging is
    Read More
  • Success of Kuala Lumpur's dual purpose tunnel
    September 12, 2012
    Malaysia’s capital boasts a unique piece of infrastructure; a combined stormwater and motorway tunnel, the longest multi-purpose tunnel in the world. Kuala Lumpur’s Stormwater Management and Road Tunnel (Smart) was conceived as a project under the Malaysian Federal Government to alleviate the flooding problem in the city centre. Although a booming city and the nerve centre for Malaysia’s economy, KL was built along the flood plains of the Klang River and, since its earliest days has been subjected to floodi
    Read More
  • Siemens switches US city of Manchester to LED street lights
    July 9, 2015
    Siemens is switching 9,000 street lights to LED technology in the US city of Manchester in New Hampshire. Some 4,500 lamps have already been refitted and the work should be completed by the end of September. Siemens will also be responsible for service and maintenance work. Siemens says LED technology reduces power consumption by 60 per cent and will bring the city considerable financial benefits, with annual savings of US$500,000 in terms of energy and maintenance costs such as replacing light bulbs.
    Read More

Highlighted Content