Spanish Government devises plan to nationalise motorways

The Government of Spain is negotiating the nationalisation of nine reportedly loss-making motorways currently managed by private companies. The motorways in question are managed by firms including Abertis, ACS, Ferrovial, Sacyr, Globalvia, Isolux, Comsa and Azvi. The Government's plan is to launch a new state-owned motorway operator mirroring former operator ENA, and for this company to refinance the assets that are nationalised.
March 14, 2013 Read time: 1 min
The Government of Spain is negotiating the nationalisation of nine reportedly loss-making motorways currently managed by private companies.

The motorways in question are managed by firms including 5729 Abertis, 917 ACS, 2717 Ferrovial, 3959 Sacyr, 1377 Globalvia, 1392 Isolux, Comsa and 5289 Azvi.

The Government's plan is to launch a new state-owned motorway operator mirroring former operator ENA, and for this company to refinance the assets that are nationalised.

For more information on companies in this article

Related Content

  • Colombia investing in new highways
    February 10, 2014
    Colombia's national infrastructure agency (ANI) has prequalified 10 companies for its US$770 million highway project Autopista al Mar 2. This new route will improve connections in western Antioquia department between Medellín and the Pacific coast, according to Business News Americas. The project is for the operation and maintenance of 176km of highways, as well as the construction of 41 bridges and 19 tunnels. Among the companies prequalified are Spain's Sacyr, Cintra, Acciona and OHL, France's Vinci, and
    Read More
  • Canada: Champlain Bridge deal awarded to SNC-Lavalin consortium
    April 17, 2015
    The Canadian government has awarded a multi-billion dollar contract for the Champlain Bridge in Montreal, in the province of Quebec, to a consortium led by SNC-Lavalin. The firm, based in Montreal, will design, build, maintain and operate the toll bridge under a 35-year public-private partnership deal worth between US$2.5-$4.1 billion. The consortium called Signature on the Saint-Lawrence Group includes Spanish firms Dragados Canada and ACS Infrastructures and the US firm Flatiron Construction. Other
    Read More
  • PPP plan for Indiana project
    July 25, 2014
    Rebuilding of the Interstate 69 highway in Indiana is now going ahead. The PPP project is for the 33.6km I-69 Section 5 contract. Spanish company Isolux Infrastructure is working on the project with much of the funding coming through its agreement with Infra-PSP Canada. The deal sees Infra-PSP Canada taking 49% of the project’s equity. The deal is of note as the firm is an affiliate of Canada’s Public Pension Board and this is the first time an international public pension operation has directly invested in
    Read More
  • Yotta expands its Horizons software deal with Amey internationally
    February 6, 2017
    Software technology company Yotta has announced a five-year extension to its contract with Amey, a UK public and regulated services provider The extension, valued at more than €1.3 million, allows Amey to roll out licences for Yotta’s visualised asset management solution Horizons to subscribers in Australia, New Zealand and Spain in addition to those based in the UK. The service and maintenance provider will also be able to use Horizons in an additional six end-customers. Horizons is a visualised Softwar
    Read More

Highlighted Content