Move to establish north-east Italy motorway construction hub

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
October 4, 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

  • Canadian province taps Vinci for its first public-private partnership
    August 7, 2015
    A Canadian subsidiary of Vinci Concessions, has signed a 30-year public-private partnership (P3) deal for a bypass around the Saskatchewan provincial capital city Regina. Regina Bypass Partners is a (37.5%) subsidiary of Vinci Concessions, in partnership with Parsons Enterprises (25%), Connor Clark & Lunn GVest fund (25%) and Gracorp Capital (12.5%). Parsons Enterprises - the Parsons division focused on the development, delivery, financing, and management of infrastructure under P3s - is an equity par
    Read More
  • Key route upgrades for Scotland
    July 19, 2012
    Major road projects in Scotland will improve the country’s transport connections. Plans are now in hand to fast-track the project to convert the A9 to dual carriageway status along its entire length. The road is a major transport artery to the north of Scotland, connecting the Central Belt in the south with the northern city of Inverness, providing the main gateway to the north of the country. The plans call for the upgrading of the A9 to dual carriageway status between Perth and Inverness. Work on the 5km
    Read More
  • A vision of roads
    September 3, 2012
    By 2040 European roads could be built differently, and hopefully be safer, according to the EU research programme NR2C
    Read More
  • Bangladesh moves forward with US$735 million highways programme
    August 5, 2021
    A massive highways development programme is being planned in Bangladesh
    Read More

Highlighted Content