Iridium Concesiones de Infraestructuras, part of the ACS Group, has announced that financial close has been reached on the refinancing of Autovía del Pirineo in Spain.
Infrastructure/PPP news in Spain
Allianz Capital Partners and Canada Pension Plan Investment Board (CPPIB), through its wholly owned subsidiary, CPP Investment Board Europe S.à r.l., have signed an agreement with Gas Natural Fenosa (GNF) to acquire a 20% minority equity interest in its gas distribution business in Spain (GNDB).
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.
DIF Infrastructure IV has announced that it has acquired from OHL Concesiones 45% of the shares in Autovía de Aragon, S.A, a shadow toll road linking the Madrid city center with Barajas airport.
ACS Group, through its subsidiary Iridium, and Mirova Core Infrastructure have agreed the sale of Iridium’s 80% stake in two Spanish hospital concessions and the operating company of one of them.
Urbaser-Meridiam consortium has announced the financial close for the Zubieta waste-to-energy plant PPP in Guipuzcoa, Basque Country (Spain).
FCC Aqualia, the FCC Group subsidiary specialising in integral water management, has successfully closed the process of issuing two simple bonds for a total amount of €1,350 million (US$1,511 million).
UBS Asset Management's UBS International Infrastructure Fund II has signed an agreement to acquire 100% of the equity interest in Autovía del Camino, a 72.4 kilometre concession road located in Northern Spain.
Atlantia has announced the decision to launch a voluntary tender offer on the entire issued share capital of Abertis Infraestructuras, that would create the world’s biggest operator of toll roads.
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).
The government of Guipuzkoa, Basque country (Spain) and Urbaser-Meridiam consortium have signed the Zubieta waste-to-energy plant PPP.
CVC Capital Partners (CVC) has announced that its Strategic Opportunities Platform has agreed to acquire a 25% stake in CLH, the leading oil transportation and storage company in the Spanish market.
Energias de Portugal, S.A. (EDP) has announced the acquisition of its gas distribution subsidiary in Spain, Naturgas Energía Distribución, S.A. (NED).
Deutch Asset Management (RREEF infrastructure), part of the Deutch Bank Group, has plans to sell its 100% stake in Autovia del Camino toll road project in Spain.
Taking advantage of the current market conditions with low interest rates, Ferrovial has priced a €500 million (US$540 million) 8-year senior bond. The issue was priced at 85 basis points over midswap, with a coupon of 1.375%.
Spanish-based Globalvia has sold stake in Torredembarra Port in Catalonia and the Sureste Hospital in Madrid. The transaction involves the sell of 26% and 11.67% stake in the assets respectively.
Telefónica reached an agreement with global investment firm KKR Group for the sale of up to 40% of Telxius Telecom, its global telecommunications infrastructure company, for a total amount of €1.275 billion (US$1.343 billion), or €12.75 (US$13.43) a share.
Globalvia, the Spanish PPP operator controlled by OPTrust, PGGM and USS, and Macquarie have decided to submit a bid together to acquire a majority interest in Itínere, a Spanish operator of toll roads.
Portuguese group Assip and Chinese bank Haitong have taken over 100% of Empark, the Spanish-based car park company. The total amount of the operation, counting debt, is close to €900 million (US$954 million).