OHL sells stake in Barcelona metro stations to Aberdeen
Obrascón Huarte Lain, S.A. (OHL), a Spanish-based multinational construction and civil engineering company, has sold its 35% stake in Barcelona metro stations to Aberdeen Asset Management.
The deal has been closed for a total equity consideration of €42 million (US$46.9 million), €100 million (US$111.6 million) if including the debt associated with the asset.
The metro concession included the construction, finance, operation and maintenance of 13 stations of the Barcelona metro line 9 & 10.
In December 2015, we reported that Iridium Concesiones de Infraestructuras, a whole owned subsidiary of ACS Actividades de Construcción y Servicios, S.A., entered into an agreement with John Laing Infrastructure Fund, to acquire an 80% stake of Iridium’s shareholding in the company owner and in the company responsible of the O&M of Barcelona metro line 9 Sections II and IV.
Previously, in May 2015, we reported that Allianz Capital Partners (ACP) and Bastion Infrastructure Group acquired 100% of Comsa Emte's interest of Barcelona metro line 9 stations Sections II and IV.
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