The Consortium comprised of CDP Equity, Blackstone Infrastructure Partners, and Macquarie Asset Management has reached an agreement with Atlantia S.p.A. (Atlantia) to acquire its 88.06% equity interest in Autostrade per l’Italia S.p.A. (ASPI).
ASPI manages more than 3,000 kilometers of toll roads across Italy under long-term concessions granted by the Italian State. ASPI and its subsidiaries are responsible for the development, maintenance, and management of motorways on a network that stretches throughout Italy and represents approximately half of the country’s tolled motorway system.
The acquisition will be carried out through Holding Reti Autostradali (HRA), a newly established vehicle incorporated under Italian law, owned (directly or indirectly) by CDP Equity (51%), Blackstone Infrastructure Partners (24.5%), and funds managed by Macquarie Asset Management (24.5%).