Investor Relations Company Presentation
150
YEARS
We are building the world of tomorrow.
A HOCHTIEF
Abertis - SH-288 acquisition (October 2023)
•
Abertis has agreed to buy a 56.76% stake in the Blueridge Transportation
Group (BTG) operating the SH-288 in Houston until March 2068 (45
years) for USD 1.53bn from ACS Group (closing expected before year-
end)
The SH-288 concession is a high-quality transportation asset comprising
17km of managed lanes capturing the majority of traffic of South
Houston. It connects the city of Houston (7th largest metropolitan area
in the US with a c7m population) with the Gulf of Mexico and all the
industry located in the area along with direct access to the Texas
Medical Center, the world's largest medical complex
SH-288 managed lanes traffic relies on dynamic tolling where tolls can be
adjusted to maintain traffic above the target speed
Leverages existing presence in the US and achieve synergies within a
solid regulatory framework
Key metrics 2023 (pro-forma): Revenues USD 90m and EBITDA USD
66m backed by solid traffic growth (+9% in H1 2023 compared with H2
2022)
Hedwig
Vilage
Clover at
Jacinto City
Houston
US-69
Texas Medical Center +
Deer Park
Pasadena
4
1-610
Missouri City
Land
Beltway 8
Fresno
ΤΟ
Sienna
Plantation
South Houston
SH-288
Managed Toll Lanes
SH-288
Maniel
Pearland
abertis
Webste
Friendswood
League City
0
La Porte
Dickinson
ACS
Ances
56.76%
43.24%
SH-288
Texas
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