Macquarie Atlas Roads acquires additional stake in APRR

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
Macquarie Atlas Roads acquires additional stake in APRR

Macquarie Atlas Roads (MQA) has announced that it will exercise a pre-emptive right to acquire an additional 4.86% indirect interest in APRR for €440 million (US$527 million).

The acquisition will increase MQA’s indirect interest in APRR from 20.14% to 25.00%.

Autoroutes Paris-Rhin-Rhône (APRR) is the concessionaire of a 2,323 kilometre motorway network located in the east of France. The network acts as a vital transportation corridor for Western European trade, is the second largest toll road network in France and the fourth largest in Europe. APRR has an established operating track record with over 50 years of traffic growth and proven earnings stability.

The acquisition will be partially funded via a US$362 million equity raising structured as an underwritten pro-rata accelerated non-renounceable entitlement offer. The balance of the funding requirement will be met via a €150 million (US$180 million) debt facility.

Natixis acted as financial advisor to MQA on the acquisition.

List of country news

Country news

  • August 29, 2017

    France's Grand Est broadband PPP reaches financial close

    A French consortium have reached financial close on France’s Grand Est broadband PPP, the country’s largest broadband project.

    Read more
  • July 07, 2017

    DIF to acquire 55% stake in French fiber project from Infravia

    DIF Core Infrastructure Fund I (DIF CIF I) and Infravia have announced that they have reached an agreement on the sale of Infravia’s 55% stake in the French fiber company ADTIM

    Read more
  • July 04, 2017

    Omnes Capital achieves final closing of its Capenergie 3 fund at €245 MM

    Omnes Capital has announced the final closing of its Capenergie 3 fund for a total amount of €245 million (US$280 million). The third-generation fund, dedicated to European renewable energy infrastructure investments, has exceeded its target size of €200 million (US$228 million).

    Read more
  • May 12, 2017

    Quaero Capital acquires 100% of Frasie

    Quaero Capital’s Quaero European Infrastructure Fund has acquired 100% of Frasie from a fund managed by InfraVia Capital Partners.

    Read more
  • May 03, 2017

    Alkion Terminals acquires eight tank terminals in France, Spain and Portugal

    Alkion Terminals and LBC Tank Terminals have announced the signing of an agreement in which Alkion will acquire the 50% shareholding in LBC Sogestrol and the full ownership of 4 tank terminals in France (Bayonne, Le Havre, Marseille, Nantes), 2 tank terminals in Spain (Cartagena, Santander) and 1 tank terminal in Portugal (Lisbon).

    Read more

Share this news

Join us

In order to get full access to News section, you must have a full subscription. You can check all the benefits of becoming a member and purchase a subscription on our membership page.