Ascendi
Company description
To foster mobility within Portugal, in 1997 the Government launched an international public tender for the conception, design, financing, construction, maintenance and operation of over 175 km of motorways connecting the northern littoral to the northern interior of the country.
In 1999, the corresponding concession was awarded to a consortium of Portuguese companies linked to the construction and financial industries which believed in a project for the future with a positive impact on the economic and social development of the country.
Today, only 10 years after the commencement of the first concession, Ascendi continues to expand.
They are currently an organisation that serves a set of seven concessionaires which are together responsible for about 1370 km of motorways granted under concession by the Portuguese State.
General
Company details
Participation in projects
Projects as Project owner per Country ()
Projects as Project owner per Subsector ()
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The company has not participated in any projects.
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Company updates
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July 15, 2022
Concession and Financing contract signed for A69 motorway PPP
ATOSCA, the consortium responsible for the A69 motorway concession, has signed the concession contract with the French government for the A69 motorway in France. ATOSCA, which comprises of NGE, ASCEN...
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July 22, 2019
Ardian fund´s refinancing of Portuguese toll roads
The Paris based Ardian infrastructure fund that bought Ascendi from the Mota-Engil / Novo Banco duo refinanced part of the debt linked to the acquisition of a 3.21% Portuguese concessions bl...
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August 08, 2016
Ardian acquires Portuguese road concessions
Ardian, the independent private investment company, has announced the signing of an agreement to acquire the shares of Ascendi Group in Ascendi PT II, the joint venture in Portuguese motorwa...
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February 23, 2016
Refinancing signed for Perote - Xalapa highway in Mexico
Mexican toll road concession Copexa has secured financing to pay back an existing loan through its refinancing.
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January 07, 2016
Novo Banco and Mota sell majority stake in Ascendi
According to sourcers, Novo Banco and Mota-Engil will receive in January-binding proposals for the purchase of 60% of Ascendi.
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June 02, 2015
Ardian partners with Ascendi for road concessions in Portugal
Ascendi Group, SGPS, SA and Ardian have signed an agreement to establish a partnership to own and operate part of the motorway network managed by Ascendi in Portugal.
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April 16, 2015
Portugal announces renegotiation of six road concession contracts
The government of Portugal through Pires de Lima, the coutry's economy Minister, has announced the renegotiation of six road concession contracts.
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July 22, 2013
Rodovias do Tiete issues $500 million 15-year bonds
On 5 July the Concessionaire Rodovias do Tiete (São Paulo - Brazil), formed by Ascendi (50%) and Atlantia-Bertin Participações (50 %), issued approximately R$1.1 billion bonds. The bonds were issued w...
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August 20, 2011
NHAI releases RFP for seven road projects
The National Highways Authority of India (NHAI) has released lists of prequalified bidders for seven road projects under the DBFOT model. Final bids for these public private partnership (PPP) projects...
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