Project Finance Copying and distributing are prohibited without permission of the publisher

North American Transport Deal of the Year 2011: Metropistas

01 March 2012

Autopistas Metropolitanas de Puerto Rico closed a $1.136 billion financing for the PR-22 and PR-5 real toll concession on 22 September 2011. The deal, sponsored by Goldman Sachs Infrastructure Partners II and Abertis, was the only real toll deal to close in North America in 2011 and the first brownfield highway transaction in the US since the failed Pennsylvania Turnpike deal in 2008. In addition, it was the first for the grantors, the Puerto Rico Highways and Transportation Authority (PRHTA) and the Puerto Rico PPP Authority (PRPPPA), and is expected to be the beginning of a strong pipeline of brownfield and greenfield concessions from the latter. The 40-year concession includes the 83.7km PR-22 and the 6.4km PR-5 toll roads through the suburbs of capital San Juan and across the north side of the island to Arecibo. The former is considered the central artery of Puerto Rico while the latter is...


Latest Deals Database updates

Bangchak Solar PV Update date 17/05/2013
Sector Renewables > Solar PV
Country Asia > Thailand
Total Debt Loan Amount $m60
Status Financial close
Palanga Bypass Update date 17/05/2013
Sector Transport > Highway maintenance
Country Europe - EU > Lithuania
Total Debt Loan Amount $m10.94
Status Financial close
SH 288 Toll Road Update date 17/05/2013
Sector Transport > Highway maintenance
Country North America > USA
Total Debt Loan Amount
Status RFQ
Change font size: Switch to default font size Switch to medium font size Switch to large font size