ROME. The consortium made up of CDP Equity, Blackstone Infrastructure Partners and Macquarie Asset Management has reached an agreement with Atlantia for the acquisition of 88.06% of the shares in Autostrade per l’Italia. It can be read in a note from the consortium. The acquisition will be made through Holding Reti Autostradali, a new company under Italian law owned (directly or indirectly) by CDP Equity (51%), Blackstone Infrastructure Partners (24.5%) and the funds managed by Macquarie Asset Management (24, 5%). HRA and Atlantia have signed, among other things, a sales contract for the acquisition of 88.06% of Aspi, one of the main motorway operators in Europe and manages over 3,000 km of motorways in Italy, with concessions to long term.
Aspi and its subsidiaries are responsible for the development, maintenance and management of a motorway network that extends throughout the national territory and represents about half of the motorway system subject to toll in Italy, with approximately 4 million customers per day (pre -Covid). The acquisition is expected to be completed in the coming months, after having satisfied the usual conditions for closing and having received the necessary clearances from the competent Authorities. The main investment objectives of the Consortium are: to contribute to the implementation of a vast investment plan throughout the Aspi motorway network promote the improvement of the network to facilitate digitization and innovation improve the efficiency of infrastructure maintenance programs for guarantee the highest levels of performance and safety for motorists to offer long-term stability in the management of an Italian infrastructure essential for the community and the economy. Following the agreement reached today with Atlantia, the Consortium will launch an exploratory dialogue to understand the orientation of the minority shareholders of ASPI, who have the right to co-sell, on the remaining 11.94% of the company they own.