{"id":80789,"date":"2019-06-24T00:16:00","date_gmt":"2019-06-23T22:16:00","guid":{"rendered":"http:\/\/beta.next-finance.net\/news\/meridiam-acquires-a-85-stake-in-two-motorway-concessions-in-spain-and-strengthens-its-partnership-with-cintra\/"},"modified":"2019-06-24T00:16:00","modified_gmt":"2019-06-23T22:16:00","slug":"meridiam-acquires-a-85-stake-in-two-motorway-concessions-in-spain-and-strengthens-its-partnership-with-cintra","status":"publish","type":"post","link":"http:\/\/beta.next-finance.net\/en\/news\/meridiam-acquires-a-85-stake-in-two-motorway-concessions-in-spain-and-strengthens-its-partnership-with-cintra\/","title":{"rendered":"Meridiam acquires a 85% stake in two motorway concessions in Spain and strengthens its partnership with Cintra"},"content":{"rendered":"<p>Cintra will maintain a 15% stake in the project and will alongside Meridiam participate in the asset<br \/>\nmanagement of Ausol. These concessions manage 105km of motorway, located in Andalusia, one of<br \/>\nthe country\u2019s most dynamic economic regions, interconnecting Malaga to Guadiaro.<\/p>\n<p>The concessions agreements include the construction, operation and maintenance of the road, with a<br \/>\nremaining life of 27 years and 35 years for Ausol I and II respectively.<\/p>\n<p>This acquisition reinforces Meridiam leading position in the field of road infrastructure with a portfolio<br \/>\nof 2,000km worldwide.<\/p>\n<p>Autopista del Sol represents the best option of transportation throughout the Costa del Sol from<br \/>\nMalaga to Marbella and Guardiaro in the south. It offers a fast (25-40% time saving), reliable route<br \/>\nwith great advantage over other alternatives.<\/p>\n<p>It provides tangible and clear positive impact including ensuring cities such as Fuengirola and Marbella<br \/>\nare bypassed (at no cost for drivers), reduction of congestion and transit flows while improving air<br \/>\nquality and safety.<\/p>\n<p>These roads have taken benefit of new technologies to increase sustainability e.g. the substitution of<br \/>\nlighting technology from sodium to LED lamps and electric vehicle charging in the future.<\/p>\n<p>Meridiam and Cintra, which both have a unique experience in toll roads \u2013 are currently managing<br \/>\ntogether another road in Spain (A66) and 5 roads worldwide (one in the UK and four in the United<br \/>\nStates).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Meridiam signed an agreement to acquire an 85% stake from Cintra subsidiary of Grupo Ferrovial, and<br \/>\nUnicaja Banco in Autopista del Sol, two independent motorway concessions Ausol I and Ausol II. <\/p>\n","protected":false},"author":20,"featured_media":80787,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1470],"tags":[1655,1651,2007,2139],"_links":{"self":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/80789"}],"collection":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/comments?post=80789"}],"version-history":[{"count":0,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/80789\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/80787"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=80789"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=80789"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=80789"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}