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  • BBVA acts as sole financial advisor of Abertis and leads the financing of the privatization of the Cadí and Vallvidriera Tunnels’
  • December 29, 2012
  • BBVA acts as sole financial advisor of Abertis and has led the financing of the transaction whereby the consortium of infrastructure management company and Brazilian bank BTG Pactual completed today the acquisition of the operating agreement of Cadí and Vallvidriera Tunnels, privatized by the Generalitat of Catalonia, for a period of 25 years.

    With the signing of the Financing transaction, today was completed the concession for a period of 25 years for the operation of tunnels of Cadí and Vallvidriera. These assets represent the main connection between the central region of Catalonia and the Pyrenees (Cadi Tunnel) as well as between Barcelona and major inland cities (Túnels Vallvidrera). The two concessions, total 41 kilometers, including 10 kilometers of tunnels.

    The consortium was awarded the concession on 5 December, after month...
  • View more at: http://www.1888pressrelease.com/bbva-acts-as-sole-financial-advisor-of-abertis-and-leads-the-pr-446609.html