Ferrovial sells stakes in two Portuguese PPP roads to DIF Capital Partners
Sector: Road • Location: Porto and Algarve, Portugal
Source: Highways Today
Ferrovial has reached an agreement to sell its 49% stake in the Norte Litoral availability-based PPP road and its 48% stake in the Via do Infante availability-based PPP road to DIF Infrastructure VI, a fund managed by DIF Capital Partners, for a total consideration of €171 million. Cintra will hold a management contract for both assets. The closing of the transaction is pending approvals from Port
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Status
Original status | closed |
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Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
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Description
Description | Ferrovial has reached an agreement to sell its 49% stake in the Norte Litoral availability-based PPP road and its 48% stake in the Via do Infante availability-based PPP road to DIF Infrastructure VI, a fund managed by DIF Capital Partners, for a total consideration of €171 million. Cintra will hold a management contract for both assets. The closing of the transaction is pending approvals from Portuguese authorities and financing institutions. |
Original sub-sector | Obfuscated |
Original Currency | USD |
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Budget | 000000000000000 |
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Source
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Data quality score | 100% |
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URL | obfuscated_data,obfuscateddata.com |
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