Company description


To foster mobility within Portugal, in 1997 the Government launched an international public tender for the conception, design, financing, construction, maintenance and operation of over 175 km of motorways connecting the northern littoral to the northern interior of the country.

In 1999, the corresponding concession was awarded to a consortium of Portuguese companies linked to the construction and financial industries which believed in a project for the future with a positive impact on the economic and social development of the country.

Today, only 10 years after the commencement of the first concession, Ascendi continues to expand.

They are currently an organisation that serves a set of seven concessionaires which are together responsible for about 1370 km of motorways granted under concession by the Portuguese State.


Company details

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • July 15, 2022

    Concession and Financing contract signed for A69 motorway PPP

    ATOSCA, the consortium responsible for the A69 motorway concession, has signed the concession contract with the French government for the A69 motorway in France. ATOSCA, which comprises of NGE, ASCEN...

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  • July 22, 2019

    Ardian fund´s refinancing of Portuguese toll roads

    The Paris based Ardian infrastructure fund that bought Ascendi from the Mota-Engil / Novo Banco duo refinanced part of the debt linked to the acquisition of a 3.21% Portuguese concessions bl...

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  • August 08, 2016

    Ardian acquires Portuguese road concessions

    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 motorwa...

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  • February 23, 2016

    Refinancing signed for Perote - Xalapa highway in Mexico

    Mexican toll road concession Copexa has secured financing to pay back an existing loan through its refinancing.

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  • January 07, 2016

    Novo Banco and Mota sell majority stake in Ascendi

    According to sourcers, Novo Banco and Mota-Engil will receive in January-binding proposals for the purchase of 60% of Ascendi.

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  • June 02, 2015

    Ardian partners with Ascendi for road concessions in Portugal

    Ascendi Group, SGPS, SA and Ardian have signed an agreement to establish a partnership to own and operate part of the motorway network managed by Ascendi in Portugal.

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  • April 16, 2015

    Portugal announces renegotiation of six road concession contracts

    The government of Portugal through Pires de Lima, the coutry's economy Minister, has announced the renegotiation of six road concession contracts.

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  • July 22, 2013

    Rodovias do Tiete issues $500 million 15-year bonds

    On 5 July the Concessionaire Rodovias do Tiete (São Paulo - Brazil), formed by Ascendi (50%) and Atlantia-Bertin Participações (50 %), issued approximately R$1.1 billion bonds. The bonds were issued w...

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  • August 20, 2011

    NHAI releases RFP for seven road projects

    The National Highways Authority of India (NHAI) has released lists of prequalified bidders for seven road projects under the DBFOT model. Final bids for these public private partnership (PPP) projects...

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