Abertis will be sold to a joint venture formed by Atlantia (with 50% plus one share), ACS (with 30%) and its subsidiary Hochtief (with 20% minus one share), according to financial sources. Twenty-six banks have been chosen for the €18.184 billion transaction, which will see ACS and Atlantia contributing €7-8 billion into the JV. It is expected that €7 billion of bank debt will be refinanced through bond issues and asset sales, leaving €3 billion of bank financing as a long-term debt.
TXF Argentina, Buenos Aires
An introduction to Argentina’s energy and infrastructure environment. The current and upcoming investment opportunities in Argentina are presented via a discussion regarding the PPP and RenovAr programs, as well as energy and telecommunications projects