Skip to main content

Italian and Spanish firms complete Chilean asset deal

An agreement between Spanish company Acciona and Italian firm Atlantia is allowing the sale of a highway concession in Chile.
February 28, 2012 Read time: 1 min
An agreement between Spanish company 976 Acciona and Italian firm Atlantia is allowing the sale of a highway concession in Chile. Acciona is selling its 50% share of the Vespucio Sur and Red Vial Litoral Central highways in Chile to Atlantia in a deal worth some US$ 441.5 million (€305 million). The deal was agreed earlier this year and Atlantia is paying $407.8 million (€281.5 million) in cash.

For more information on companies in this article

Related Content

  • Funding secured for Chilean highway connection
    December 13, 2018
    Much of the necessary funding has now been secured for construction of the first section of Chile’s Americo Vespucio Oriente (AVO 1) highway. A loan package worth US$832 million is being provided jointly by a number of funding bodies. These are; Banco Estado, Bci and Banco de Chile. In all the project is expected to cost $984 million. The construction work is being carried out by a consortium comprising Sacyr and Aleatica (formely OHL Concesiones).
  • Italian construction machine firms see resurgence
    July 25, 2017
    The Italian construction machinery builders association, UNACEA, reports a resurgence in demand for equipment during 2017. According to UNACEA’s latest report, the first six months of 2017 have seen 5,109 machines sold in the Italian market, an increase of 6% compared to last year. Looking more closely, sales of earthmoving machines grew 6% with 4,910 machines sold, while sales of road equipment increased by 9% with 199 machines sold.
  • UK’s M6 tolled motorway for sale
    June 21, 2016
    For sale: one UK toll motorway along with operating business. Well maintained. Price negotiable. David Arminas looks at what is on offer As if right on cue, a French articulated truck starts to back up along the hard shoulder at an exit area of M6toll. The manoeuvring is watched from an office inside the nearby M6toll headquarters. Inside, Andy Pearson, chief executive of M6toll, glances over his shoulder and interrupts his presentation to World Highways. “He’s probably missed the dedicated wide-load
  • Italy has announced key project plans
    March 11, 2013
    Italy’s public road concession firm, ANAS, has signed an agreement with the region of Sardinia and the government for upgrade works on the Sassari-Olbia road worth a total €930.7 million.