Macquarie invests EUR60 million in AG-31 road concession

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Macquarie Asset Management has provided around EUR60 million (US$67.79 million) of debt financing to a consortium that operates the AG-31 road in northern Spain. 

The road is a 19-kilometer high-capacity dual carriageway (autovía) located in Galicia. It provides an essential link between the town of Celanova and the provincial capital Ourense via the A-52 motorway. The road has been operational since 2013 under a concession granted to COPASA (70%) and Extraco (30%) which is valid until 2040.

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