Investor Relations Company Presentation
150
YEARS
We are building the world of tomorrow.
HOCHTIEF
Abertis - Puerto Rico acquisition (October 2023)
PR-22
San Juan
PR-66
PR-5
BO
Existing Metropistas
tolled expressways
PR-20
PR-30DTL
PR-53
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•
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Abertis has been awarded the concession right to operate PR-20, PR-52,
PR-53 and PR-66 in Puerto Rico for a period of 40 years (expiry 2063)
after a competitive privatization process for USD 2.85bn (closing expected
before year-end)
192km of toll roads representing >60% of the island's tolled traffic
including highly strategic connections to the capital San Juan
metropolitan area, with alternative routes being very limited
Favorable tariff mechanism with increases exceeding inflation (US CPI +
1.5%, uncapped) and solid legal system in which US Federal laws
generally apply
Operating efficiencies between Abertis' existing Metropistas
concessions and newly awarded, previously public toll roads
Key metrics 2023 (pro-forma): Revenues USD 170m and EBITDA USD
130m backed by solid traffic growth (+8% in H1 2023)
Ponce
PR-52DTL
Caguas
PR-52
Humacao
Guayama
PR-53
abertis
100%
PR20, PR52, PR53 and PR66
38
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