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

  • Chilean highway project faces questions
    February 14, 2012
    The plans for Chile's new Vespucio Oriente highway are under a question mark at present. The Chilean Construction Chamber (CChC) and the association of concession-holders (COPSA) have raised concerns over the plans by the country's government to press ahead with the construction of the 13km Vespucio Oriente highway in capital Santiago.
  • Spanish road firm deal
    February 8, 2018
    The European Commission has given the go-ahead for an acquisition of Spanish highway firm Abertis by German construction company Hochtief. Hochtief is itself a subsidiary of Spanish construction firm ACS but the EC ruling says that there are no competition issues in the markets affected by the deal. Spain’s highway concession market is covered by a regulatory system to minimise the risk of any one company reaching a position that is too dominant. With the EC ruling having been given on the deal, Spain’s
  • Spanish highway project to get EIB A-rated bond issue?
    April 20, 2012
    The European Investment Bank (EIB) is reported to be in talks with the sponsors of the A-66 Benavente-Zamora highway public private partnership (PPP) in Spain over a possible bond financing deal, which would see the Bank provide subordinated debt for an A-rated bond issue. The possible bond issue would be a further greenfield project to launch the European Union’s Project Bond 2020 initiative, with its initial pilot stage being managed by the EIB.
  • Indian highway deal agreed
    November 10, 2020
    A key Indian highway deal has been agreed.