Sacyr Group - Sacyr Concesiones

Company description

 
Sacyr is an integrated and diversified group, which engages in the construction, real estate, contracting, property-owning and services businesses.

Sacyr concession business was created in 1996 when it was awarded its first concession contract.

In 2009, it completed the sale of specific shareholdings in companies that formed Itínere through an agreement signed previously with Citi Infrastructure Partners, L.P. Sacyr retained corporate shareholdings in 25 concessions that were in the construction or ramp-up phases and the rest of the non-motorway assets. All of these were grouped into a new company, Sacyr Concesiones, which is the vehicle through which Sacyr Group continues to develop its activities in the infrastructure concession sector.
Sacyr  maintains a 15.7% stake in Itínere which is included in the accounts as a temporary financial asset.

General

Company details

City:
Madrid
Address:
Paseo de la Castellana 83-85

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • February 14, 2020

    Sacyr sells 47.5% of Guadalcesa to Core Infrastructure II

    Sacyr, through its affiliate Sacyr Concesiones, has reached an agreement to sell 47.5% of its stake in Guadalcesa, the concessionaire that manages the Guadalmedina highway (AP-46 Málaga –...

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  • January 17, 2020

    Sacyr to issue USD350m debt for road concession in Chile

    The Concessionary Company Ruta del Algarrobo, the subsidiary of Sacyr, for the Route 5 Los Vilos - La Serena concession is preparing a debt issue of US$ 350 million. The bond will be for US$...

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  • December 10, 2019

    $575m highway project awarded in Chile

    Sacyr Concessions has been awarded the concession of the project to improve Route 66 in Chile, known as “El Camino de la Fruta”, which involves upgrading the access route to the country&rs...

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  • November 29, 2019

    $1bn railway project in Uruguay closes financing package

    Ferrocarril Central project´s financial advisor Astris Finance has announced the closing and first disbursement of the US$ 860 million senior debt package. The project was sponsored by Sacy...

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  • November 25, 2019

    22 companies interested in a road concession in Chile

    More than 20 companies have expressed their interested in a second concession of the Talca-Chillan section of Route 5 highway in Maule region of Chile.    

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  • November 18, 2019

    Financial close for Puerta de Hierro Highway concession

    Sacyr Concesiones has closed the financing for the concession of the Puerta de Hierro – Palmar de Varela and Carreto-Cruz del Viso highway in Colombia for US$ 185 million with the financial enti...

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  • November 05, 2019

    USD 509 million road concession awarded in Chile

    Official Gazette in Chile published a decree awarding the Route 5 Los Vilos-La Serena + Conurgación section road project in Coquimbo region to Sacyr Concesiones Chile SpA. The road has a total...

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  • November 05, 2019

    Sacyr sells 47.5% of Guadalcesa to Aberdeen for EUR 220 million (US$ 244.17 million)

    Sacyr, through its subsidiary Sacyr Concesiones, has reached an agreement to sell 47.5% of its stake in Guadalcesa to Aberdeen, the concessionaire that manages the Guadalmedina highway (AP-4...

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  • October 16, 2019

    Financing for half a billion road expansion project in Paraguay

    The Rutas del Este consortium, led by Sacyr Concesiones, has issued a US$240 million bond to finance the construction of the Routes 2 and 7 expansion PPP Project in Paraguay.

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  • August 22, 2019

    RFP issued to shortlisted teams for NL mental health facility project

    The government of Newfoundland and Labrador has issued a request for proposals to the three shortlisted teams for the Mental Health and Addictions Facility project. The shortlisted teams are...

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