Abertis buys two Macquarie toll road assets for Rs 10 billion

Spanish infrastructure firm Abertis Infraestructuras SA has signed a share purchase agreement to buy two BOT (toll) roads – the Farukhnagar-Jadcherla highway in Andhra Pradesh and the Trichy Tollways project in Tamil Nadu – from Macquarie Group Limited for a consideration of approximately Rs 10 billion. With this transaction, Abertis has acquired a 100 per cent stake in Trichy Tollway Private Limited and a 74 per cent share in Jadcherla Expressway Private Limited. The two road assets have a concession period till December 2026.