Madrid, Spain (4th April 2016) – Rubicon Infrastructure Advisors (“Rubicon”) acted as exclusive M&A advisor to Ahorro Corporacion Infraestructuras F.C.R and Ahorro Corporacion Infrasestructuras 2, SCR (together, the “Sellers”) on the sale of their 30% combined equity interest in Metro Ligero Pozuelo y Boadilla (“MLO” or the “Company”) to funds managed by Aberdeen. The Sellers are two infrastructure funds managed by GED Capital.
Rubicon represented the combined interests of the Sellers in all aspects of the transaction, from initial due diligence and investor marketing to negotiating with the purchasers and completing the sale.
The stake was purchased by a group of leading international infrastructure investors. All parties involved with the sale have agreed that the terms of the transaction remain confidential.
Jesus Gonzalez Torrijos, Managing Director of Rubicon commented on today’s transaction saying, “We are pleased to have represented GED Capital in its successful divestment in MLO. Having closed five M&A projects in Spain in 2015, the successful close of this landmark transaction further reinforces Rubicon’s market position as a leading infrastructure advisor in Spain”.
MLO, one of the largest rail projects in Spain operates under a long term concession granted by the Region of Madrid. The 30-year concession was signed in 2006 to build, finance, operate and maintain Lines 2 and 3 of the metro/light rail system of Madrid, running between Colonia Jardin and Pozuelo de Alarcon (Line 2) and Colonia Jardin and Boadilla del Monte (Line 3). MLO is 22.4 kilometers in length and consists in 29 stations, benefiting a populace of over 123,000. The project began operating in July 2007 and has since served over 50 million users.
About Rubicon Infrastructure Advisors
With representation in Dublin, New York and Sydney, Rubicon Infrastructure Advisors is a specialist investment banking firm focused solely on the global infrastructure market. The firm’s team comprises industry experts with extensive experience and who have advised or structured over €200 billion worth of infrastructure transactions across multiple sectors and jurisdictions.
In 2015, Rubicon was recognized as one of the top 10 global financial advisory firms by InfraDeals. In 2015, Rubicon completed nine assignments representing a cumulative enterprise value in excess of €6 billion.
Founded in 1996, GED Capital is an independent private equity group whose professional partners hold a majority stake in the management companies of the group. GED operates in the Iberian Peninsula and South-Eastern Europe, with offices in Madrid, Seville, Porto, Bucharest and Sofia. With more than €800 million of assets under management, the company currently manages eight funds (private equity, infrastructure and real estate) and has a portfolio of 36 holdings.
GED acquired the infrastructure asset management business of Ahorro Corporation Financiera in March 2015.