Motorway construction project hub for Italy

Several leading Italian and international funds and industrial groups are reportedly looking into the feasibility of uniting all the major motorway construction projects in the north-east of Italy. The aim of the scheme would be to buy into the capital of one of the holdings and then work to buy stakes in the other firms, which are currently mostly under state control. The conglomeration of the three major firms Serravalle, Autostrada Serenissima and Autovie Venete, to be carried out over five years, would
November 28, 2012 Read time: 2 mins

Several leading Italian and international funds and industrial groups are reportedly looking into the feasibility of uniting all the major motorway construction projects in the north-east of Italy.

The aim of the scheme would be to buy into the capital of one of the holdings and then work to buy stakes in the other firms, which are currently mostly under state control. The conglomeration of the three major firms Serravalle, 6668 Autostrada Serenissima and 5372 Autovie Venete, to be carried out over five years, would give the project US$3.89 billion in capital. This would then be boosted by an additional $12.93 billion from project financing sources, while other firms such as Autobrennero and Pedemontana Veneta could also be added to the mix.

The companies currently thought to be involved in the plan are funds Equinox and F2i; civil engineering groups 5177 Vinci and Gavio; and bank 1473 Intesa Sanpaolo. Ultimately, the new hub could be floated on the stock exchange with the support of a rock-solid business plan.

For more information on companies in this article

Related Content

  • New design for Sydney’s WestConnex motorway project third stage
    November 14, 2016
    Sydney’s proposed WestConnex motorway will be wider than planned to accommodate four instead of three lanes in each direction, according to media reports. The changes are part of a revamp of the third and final stage of the ambitious project in the capital city of Australia’s eastern New South Wales state. Some exit and entry ramps will also be scrapped but the overall cost of just under US$5.3 billion for the third stage remains unchanged, reported the Sydney Morning Herald newspaper. The projects
    Read More
  • South Africa's world class tollway development
    May 2, 2012
    Part of an extensive motorway network measuring some 185km, the ongoing Gauteng Freeway Improvement Project (GIFP) is creating a modern, world-class toll route system that provides major impetus to socio-economic growth in South Africa's most populous and commercially active region.
    Read More
  • London expected to become EV capital of Europe, says Frost & Sullivan
    March 16, 2012
    The array of initiatives such as the ‘Plugged-in Place’ project and eco incentive programmes in diverse locations of the United Kingdom, have made the ownership and the use of electric vehicles a reasonable option.
    Read More
  • Trading on carbon markets
    August 2, 2012
    Anticipating new trends, IRF is organising a panel discussion on this promising and fast-growing market during the 2nd International Roads & Environment Conference Signing the declaration on Energy, Security and Climate Change in Hokkaido, Japan, during the last G8 meeting, 17 leaders of the world's major economies have underlined the potential of appropriate market mechanisms when looking for global solutions in the fight against climate change. Emissions' trading is one of the options and certainly the in
    Read More

Highlighted Content