Abertis is one of the leaders worldwide in tollroads motorways management and mobility solutions, managing about 8,000 kilometres of high-capacity and quality roads and mobility services in 10 countries in Europe, the Americas and Asia.
Abertis is the first national operator of motorways in Chile and Brazil, and has a significant presence in France, Spain, Italy, Mexico, the US, Puerto Rico and Argentina.
Its subsidiary Abertis Mobility Services provides solutions for electronic payment of tolls through the operative company Emovis.
Countries
Concessions
of motorway (including 236 km in Italy)
Employees
Abertis at a glance
- Committing to ESG matters: Abertis plays an essential role in the economic and sustainable development of the territories in which it operates. Therefore Abertis is oriented towards long-term investments in high-quality infrastructures, through the promotion of sustainability by reducing the carbon footprint, mitigating climate change, minimizing the environmental impact and promoting circular economy. Through the Abertis Foundation, Abertis is promoting its actions related to road safety, the environment and social objectives. The Foundation was born in 1999 as a non-profit entity, with the aim of responding to the impact that Abertis economic activity has on the territories and countries where the Group is present.
- Pioneering innovation: Committed to research and innovation, Abertis uses the most advanced technologies to drive innovative solutions that can overcome the challenges of the mobility of the future. Abertis innovation program promotes projects aimed at finding solutions for smart roads and integrated mobility for connected, autonomous and electric vehicles. The projects that are being explored within this program are aimed at finding new solutions based on technological resources - such as artificial intelligence, the Internet of Things, among others - to improve the customer experience using the Abertis toll roads, and offering a safer, more comfortable, sustainable trip adapted to their needs.
- Advocating for road safety: For Abertis, road safety is a priority. Abertis funds a road safety program in order to construct and manage motorways with the highest quality standards. Through this global program, transversal teams from all disciplines and geographies work together to ensure knowledge and application of the best practices in road safety on Abertis' roads. Through the Abertis Foundation, every year Abertis carries out awareness campaigns aimed to reduce accidents. One example is the global alliance with Unicef to fight road traffic accidents involving children and to promote road safety projects in different countries. Abertis is a UN ambassador for the fight against road traffic accidents, actively participating in its UN's International Road Safety Group.
Our partners: who manages Abertis with us
ACS
ACS is a Spanish-based global leader in the construction, infrastructure and concessions, where it operates through other companies of the group such as Dragados, the listed company Hochtief (which controls the listed Australian company CIMIC), Grupo Cobra Iridium and the stake in Abertis.
Indirect partnerships
Arteris
In October 2012, Abertis (51%) and Brookfield Infrastructure (49%) acquired 60% of Arteris, a company listed on the Sao Paolo Stock Exchange in Brazil, through a jointly-owned holding company. The partners later launched a public tender offer to purchase the remaining shares. In September 2013, Brookfield Aylesbury acquired a direct stake of approximately 18% in Arteris.
The transaction enabled Abertis and Brookfield to establish a partnership combining their best practices in the sector, with the aim of developing one of the leading motorway operators in Brazil.
ERC
On 30 December 2020, Abertis and Manulife Investment Management completed the acquisition of a 100% interest in Elizabeth River Crossings (ERC) from Macquarie Infrastructure Partners II and Skanska. ERC holds the concession to operate two tunnels on a highly travelled road in Virginia (USA). The concession, which has already been in effect for a number of years, has a remaining duration of 50 years.
The transaction allowed to build a platform for growth in the USA, a key market for the group and one of the most important in the world in terms of infrastructure investment. The acquisition of ERC also extend the average life of Abertis’s portfolio.
Metropistas
In March 2020, Ullico Investment Fund completed the acquisition of a 49% stake in Metropistas, which operates a number of sections of motorway under concession in Puerto Rico, from Goldman Sachs Infrastructure Partners.
Ullico replaced Goldman Sachs Infrastructure Partners as Abertis’s long-term partner in the country.
RCO
In June 2020, Abertis Infraestructuras in partnership with GIC completed the acquisition of a controlling interest in Red de Carreteras de Occidente (RCO) in Mexico from Goldman Sachs Infrastructure Partners (GSIP). The acquisition involved the purchase of a 72.3% stake in RCO (51.3% Abertis, 21% GIC). Following the acquisition, Abertis and GIC further increased their stake to the current level. Through its 5 operators, RCO manages 876 km of motorway network located in the centre and west of the country, connecting the key El Bajío industrial corridor with the two most important cities (Mexico City and Guadalajara).
The transaction marked Abertis’s entry into a new country with strong growth potential, acquiring control of a network of almost 900 km and at the same time extending the average duration of its portfolio.
Tunels
In July 2019, Ardian sold its 49% stake in Tunels, a company that operates a number of motorway tunnels outside Barcelona and in the Pyrenees, to the French insurer, Predica. Predica replaced Ardian as Abertis’s long-term partner.
Vias Chile
In 2016, Abertis entered into a partnership agreement with the Abu Dhabi Investment Authority (ADIA) involving the sale of a 20% interest in its Chilean operations. The agreement with ADIA aimed to create a partnership with a leading international investor to help drive the group’s expansion in Chile.
