Shareholders invest US$1.3 billion in Globalvia
Globalvia has announced that current shareholders OPTrust, PGGM and USS have collectively invested EUR1.0 billion (US$1.27 billion) in the company. Globalvia plans to deploy the investment in worldwide infrastructure projects.
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Country news
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April 05, 2018
Spain to launch tenders for road projects worth over US$1 billion
The Ministry of Public Works and Transport of the Government of Spain (Ministerio de Fomento) has announced that it will launch tenders for the first two projects in the EUR5 billion (US$6.14 billion) Extraordinary Road Plan (Plan Extraordinario de Carreteras) in the next few days.
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March 16, 2018
Atlantia and ACS-Hochtief agree to jointly acquire Abertis
Atlantia has confirmed that, on 13 March, it signed a binding term sheet relating to a joint investment in Abertis Infraestructuras SA with Hochtief, a subsidiary of Grupo ACS. This follows recent speculation over the companies' competing bids to acquire Abertis, one of the largest toll-road operators in the world, based in Spain, which were submitted last year, and recent confirmation that they have been in talks.
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March 13, 2018
ACS and Atlantia confirm talks on Abertis takeover
Atlantia and ACS have both separately stated that they are in talks over their competing bids for Spanish toll road company Abertis, submitted in May and October 2017, respectively. ACS bid to take over the company through its German subsidiary Hochtief.
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February 21, 2018
FCC to sell minority stake in Aqualia to IFM
FCC Aqualia, S.A., FCC and IFM are in advanced negotiations regarding the acquisition by IFM of a 49% stake in FCC Aqualia, S.A.
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January 24, 2018
Spanish government hires advisors for toll road concessions
The State Company of Land Transport Infrastructure, a department of the Ministry of Public Works of the government of Spain, has awarded a EUR250,000 (US$306,08) contract for the design of bidding documents to re-tender rescued highways.
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