Mirova, an affiliate of Natixis Investment Managers dedicated to responsible investment, has acquired interests of 23.8% and 35.2% respectively in ViaExpresso and ViaLitoral. These two concessionary companies operate part of the Madeira highways in Portugal.
Infrastructure/PPP news in Portugal
Globalvia's purchase of 100% of the shares in A23 - Beira Interior highway was finally completed on October 20. The transaction was carried out in three phases starting from February 2017.
Macquarie European Infrastructure Fund 5 (MEIF5), which is managed by Macquarie Infrastructure and Real Assets (MIRA), announces that it has entered into binding agreements to acquire 100% of Empark Aparcamientos y Servicios S.A. - the leading carpark operator in the Iberian Peninsula.
Brisa Concessão Rodoviária, S.A. (BCR), the main concession of Brisa, successfully issued a new corporate bond in an aggregate principal amount of €300 million (US$337 million).
3i Group has announced the first close of the 3i European Operational Projects Fund, with €155 million (US$169 million) raised from a number of European investors, including a commitment of €40m from 3i.
Alkion Terminals and LBC Tank Terminals have announced the signing of an agreement in which Alkion will acquire the 50% shareholding in LBC Sogestrol and the full ownership of 4 tank terminals in France (Bayonne, Le Havre, Marseille, Nantes), 2 tank terminals in Spain (Cartagena, Santander) and 1 tank terminal in Portugal (Lisbon).
Energias de Portugal, S.A. (EDP) has announced the acquisition of its gas distribution subsidiary in Spain, Naturgas Energía Distribución, S.A. (NED).
Globalvia has announced it has increased stake in Autoestrada Transmontana becoming main shareholder.
Globalvia has announced it has increased its stake in Beira Interior Highway (Scutvias) acquiring 33.33% from SDC Investimentos.
Meridiam has announced that it has completed the acquisition of a Portuguese road.
The SUSI Renewable Energy Fund II (SUSI RE II) has reached final closing at €380 million (US$425.5 million).
Ardian, the independent private investment company, has announced the signing of an agreement to acquire the shares of Ascendi Group in Ascendi PT II, the joint venture in Portuguese motorways.
MegaProject 721: Ferrovial sells stakes in two Portuguese toll roads to Dutch fund manager DIF for 159 million euros
As a result of this transaction, Ferrovial will retain a stake of 49% in Norte Litoral and 48% in Via do Infante, keeping its position as the relevant industrial partner for both assets.
The municipality of Vila Real de Santo António, a town in Algarve (Portugal) with about 20,000 inhabitants, has recently published two concessions for the development of a multi-purpose sports facilities and the construction of a hotel.
Sonae Capital, a Portugal-based holding company engaged mainly in the tourism and hospitality sector, has recently revealed that it has reached an agreement with Meridiam Infrastructure Europe II SCA SICAR, a fund managed by Meridiam Infrastructure, for the sale of its 36% stake in Norscut, the concession company of the A24 motorway in Portugal.
Eiffage has signed with Meridiam Infrastructure a disposal agreement regarding its 36% interest (shares and shareholders’ loans) in Norscut, the concession company of the A24 motorway in Portugal. .
Sacyr Concesiones has sold 98% of its company Hospitais Concesionados (HC) to the Aberdeen infrastructure fund. HC managed equity holding in the concessions of three hospitals in Portugal, 51% in two hospitals in Braga and Vila Franca de Xira, and 40% in other located in Isla Terceira in the Azores islands.
Yilport Holding has closed the acquisition of 100% of the shares of the Portuguese port management company, Tertir.
According to sourcers, Novo Banco and Mota-Engil will receive in January-binding proposals for the purchase of 60% of Ascendi.
Aberdeen Infrastructure has plans to acquire two hospital public private partnership (PPP) projects in Portugal from Somague.