Skip to main content

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

  • Sao Paulo’s Mario Covas ring road faces last section glitch
    April 10, 2015
    A consortium of Brazil's Mendes Junior and Spain's Isolux Corsán could lose its US$208 million contract to build part of the northern section of the Mario Covas beltway around the Brazilian city of São Paulo. The consortium, led by Mendes Junior, is falling behind schedule because of cash flow problems, according to São Paulo state highway company Dersa. The deal was signed in January 2013, local paper Folha de São Paulo reported.
  • Australian state government does a deal with East West Connect
    April 15, 2015
    The state government of Victoria in Australia will pay the East West Connect consortium US$258 million to cancel construction of Melbourne’s East West Link road tunnel. The payoff is to cover the consortium's bidding, design and pre-construction costs and draw a line under the deal that has been mired in financial controversy for years. The federal government slammed Victoria’s decision to bail out of the project as “an obscenity’’ that will cost 7000 jobs, according to a report in The Australian news
  • Tolling deal for Globalvia and APG
    October 18, 2024
    A tolling deal has been agreed between Globalvia and APG.
  • Spain’s Castilla-La Mancha government lays out 12-year road plan
    November 17, 2014
    Spain’s Castilla-La Mancha government lays out 12-year road plan Spain’s regional government of Castilla-La Mancha will spend around US$282 million on new road infrastructure as part of a major 12-year highways strategy. Castilla-La Mancha approved the Third Regional Roads Plan this month which envisaged spending upwards of $1.6 billion in the 12 years. The plan will be reviewed every four years. The landlocked autonomous region of Castilla-La Mancha lies mostly southeast of Madrid and includes