Spanish Government devises plan to nationalise motorways

The Government of Spain is negotiating the nationalisation of nine reportedly loss-making motorways currently managed by private companies. The motorways in question are managed by firms including Abertis, ACS, Ferrovial, Sacyr, Globalvia, Isolux, Comsa and Azvi. The Government's plan is to launch a new state-owned motorway operator mirroring former operator ENA, and for this company to refinance the assets that are nationalised.
March 14, 2013 Read time: 1 min
The Government of Spain is negotiating the nationalisation of nine reportedly loss-making motorways currently managed by private companies.

The motorways in question are managed by firms including 5729 Abertis, 917 ACS, 2717 Ferrovial, 3959 Sacyr, 1377 Globalvia, 1392 Isolux, Comsa and 5289 Azvi.

The Government's plan is to launch a new state-owned motorway operator mirroring former operator ENA, and for this company to refinance the assets that are nationalised.

For more information on companies in this article

Related Content

February 6, 2013

Spanish motorway operators put forward US$1.82bn investment plan

Around US$1.82 billion (€1.34bn) may be spent improving Spain’s motorway network, according to an investment plan submitted to the Ministry of Development by Aseta, the national motorway operators’ association. Execution of the plan submitted on behalf of Itinere, Abertis and Ferrovial would be in exchange for an extension on the management contracts on their managed motorways, or a raise in toll charges. Works would start immediately and would create some 25,000 jobs. Itinere is preparing to invest €744 mi
boombox1

Highlighted Content

boombox2