Spanish infrastructure firm Abertis has acquired an additional 15.01% stake in Túnels de Barcelona i Cadí.
The acquisition, which amounts to €34 million (US$37.5 million), involves two concessions totaling 41 kilometers, including 10 kilometers of tunnels in Catalonia, Spain.
Traffic grew 1.3% in Abertis' toll road network in the first quarter. Especially noteworthy was the increase in traffic in Spain, which grew 6% in the period, the largest increase since 2007. Internationally, the most notable increases were posted in Chile (+6.5%) and France (+1.6%), which are outperforming the company's forecasts at the start of the year.