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

  • Colombian deals
    February 7, 2012
    The Colombian authorities are agreeing terms with the Colombian electricity transmission company Interconexion Electrica (ISA) for the Autopistas de la Montana highway project. The Bogota-Villavicencio highway was also awarded although other infrastructure projects are still awaiting approval.
  • Link deals awarded in Mexico
    February 24, 2012
    In Mexico the contractor Ideal has been awarded a package of highway and road works worth a total of US$667 million in all.
  • Chilean highway tender process opening
    March 5, 2012
    Chile will see the tendering process for four major highway projects open during 2011. These will feature a total value of US$1.85 billion. The project data will be released by the Chilean Ministry for Public Works (MOP). The projects themselves include the $1.17 billion Americo Vespucio Oriente highway concession. The tender for this highway project will be launched during the second half of 2011, with the work itself scheduled for completion in 2016. Other projects include the Rutas del Loa (II Region) fo
  • Funding for key Russian highway projects
    May 10, 2012
    A notable partnership deal looks set to provide funding for key Russian highway projects. A memorandum of cooperation has been signed between the state-owned Russian Highways (Avtodor) and the European Bank for Reconstruction and Development (EBRD). Under this deal the EBRD may provide loans to Avtodor, redeem bonds, or co-operate on concession agreements. This funding stream will allow Avtodor to implement its key PPP projects. Avtodor and the EBRD have been discussing the highway linking Moscow with St Pe