Mota - Engil Group has reached an agreement with the infrastructure fund InfraRed Infrastructure Fund III for the sale of 85% stakes in the PPP Concessions in Aruba:

1. PPP Watty Vos Boulevard (awarded to Mota - Engil in July 2015);

2. PPP Green Corridor (acquired from Odinsa group for the exchange of the 10% stake that Mota - Engil had in La Pintada Concession in Colombia).

The completion of the transaction is subject to the grantor’s authorisation, which is expected in January.

Under the terms of the agreement, Mota - Engil will maintain the construction right of the infrastructure and will transfer to InfraRed the investment obligation, equity and capital, in both concessions.