Sacyr and ACS to sell Seville metro
Spanish newspaper, Cinco Días, said on Monday that the main shareholders of Seville metro, ACS, Sacyr and Gea-21, owning 77.9% of capital, are looking for a buyer for the concession contract.
ACS owns 34.01%, Sacyr 32.77% and Gea-21 owns 11.15%. The other shareholders of the concessionaire are the train manufacturer CAF (10.31%) and the Government of Andalusia through the Agencia de Obra Pública (11.77%).
According to the source, on June 12 there was a shareholders meeting in which it emerged no intention of participants to leave the company.
The infrastructure counts its third year with a positive result as it has an operating subsidy of €48 million annually. The subsidy is subject to compliance with the demand estimates.
The infrastructure investment was €658 million, more than a third (€260 million) was financed by the EIB. Shareholders invested €131 million (20%), and the Government of Andalusia provided the remaining €267 million. The concession term is 30 years.
Line 1 of the Seville Metro was partially opened on 2 April 2009 and became fully operational by November 2009. The metro serves around 230,000 people and acts as a vital transport link between the metropolitan area of Seville and the city. The Seville metro concessionaire closed 2012 with 14 million passengers and a profit of €5.7 million.
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