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

  • Cemex wins over 90% acceptance for debt exchange offer
    August 22, 2012
    Cemex, the largest cement maker in the Americas, has won more than 90% acceptance of an offer to extend maturities on US$ 7.25 billion of loans by three years. Support for the proposal, whose acceptance deadline was extended to 7th September, is said to have bolstered Cemex’s efforts to prevent a financing crunch in 2014 by pushing maturities to 2017.
  • More financial doubt over proposed Fehmarn Belt Tunnel
    March 17, 2017
    The proposed Fehmarn Belt Tunnel to link Denmark and northern Germany will never be economically viable, according a report commissioned by German ferry operator Scandilines. Revenue and traffic forecasts are unrealistically high, notes the report completed by German consultancy DIW Econ. It is unlikely that the latest cost to build the massive road tunnel, around €7.4 billion, would ever be recovered. The Fehmarn Belt is a strait between the German island of Fehmarn and the Danish island of Lolland. Cur
  • Move to establish north-east Italy motorway construction hub
    October 4, 2012
    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
  • Focusing on workzone safety systems
    March 16, 2012
    The US has seen a major reduction in deaths following accidents in its highway construction work zones, while Europe and other parts of the world are looking at new safety technology and systems to trigger a similar trend. Guy Woodford reports. Work in the US to reduce the likelihood of potentially fatal accidents at highway work zones is paying dividend.