Link Securities| Acciona and ACS, on the one hand, and Ferrovial, on the other, are part of the two consortia that have entered the final phase to design, build, finance, operate and maintain one of the largest toll road projects underway in the US, the SR-400 Express Lanes in Atlanta, Georgia. The value of the project, implemented through a managed lanes model (dynamic tolls), is estimated at approximately €2 billion.
ACS has joined the consortium initially formed by Acciona and the French infrastructure fund Meridiam.
The two Spanish groups have thus forged a new alliance for an international project. Meanwhile, Ferrovial is bidding through its subsidiaries Cintra and Ferrovial Construction in a consortium that includes the Australian fund Macquarie, Ferrovial’s partner in other international infrastructure projects such as Aberdeen, Glasgow and Southampton airports in the United Kingdom, and the British John Laing.
Initially, the Georgian Department of Transport had also shortlisted a consortium comprising the concessionaire ASTM, owned by the Italian company Gavio and the French fund Ardian, and the Israeli company Shikun & Binui. The Spanish construction company FCC participated with this and Sinelec in the UTE (temporary joint venture) for the construction. However, this group of companies has withdrawn from the bidding, according to sources familiar with the case.
