Globalvia acquired 24% stake in Iryo

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Globalvia has acquired the 24% stake in the Spanish private rail operator Iryo, which was owned by OFL (Operador Ferroviario de Levante, a company owned by Air Nostrum partners). 

Iryo became the largest Spanish private rail operator with 30% liberalized volume following the liberalization process carried out by Adif. In 2021, OFL was looking for a strategic partner that would strengthen the financial sustainability of the project and chose Globalvia. After this acquisition, Iryo's shareholding is divided between OFL, which maintains 31%, Globalvia 24% and Trenitalia 45%.

Starting in the fourth quarter of this year, Iryo will begin operations with 20 Frecciarossa 1000 trains on three existing corridors, running respectively from Madrid to Barcelona, the Valencian Community and Andalusia.

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