Macquarie Asset Management has provided around EUR60 million (US$67.79 million) of debt financing to a consortium that operates the AG-31 road in northern Spain.
The road is a 19-kilometer high-capacity dual carriageway (autovía) located in Galicia. It provides an essential link between the town of Celanova and the provincial capital Ourense via the A-52 motorway. The road has been operational since 2013 under a concession granted to COPASA (70%) and Extraco (30%) which is valid until 2040.