Globalvia

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Globalvia
Websitehttps://www.globalvia.com/en/

Globalvia (stylised as globalvia) is a Spanish multinational transport infrastructure company that operates in 11 countries across three continents.[1] In June 2022, Globalvia in partnership with Kinetic Group launched a takeover bid for the British bus and rail operator Go-Ahead Group. The sale was approved by Go-Ahead's shareholders in August 2022.[2] Globalvia has a 49% shareholding.[3]

Globalvia is owned by OPTrust, PGGM and USS who bought Globalvia in a takeover bid worth Euro 420 million in 2015.

History

In 2007

Fomento de Construcciones y Contratas (FCC) and Caja Madrid founded Globalvia to unite their shared infrastructure assets under one brand with FCC and Caja Madrid each controlling a 50% stake in the new company.[4]

Globalvia won the private international tender to acquire two highways in Chile in 2008, and in the same year was also awarded a contract in Portugal to build and operate the Transmontana IP4 highway, thus beginning the company's expansion outside of Spain.[5]

The company continued to expand its road infrastructure investments over the years and in 2013 expanded into the rail industry with the purchase of Metro de Sevilla, a light rail system in Seville, Spain.[6] Later that year, Globalvia expanded into Ireland by being awarded a 5-year, €35 million contract in partnership with Sacyr to manage and operate the 161km of toll-free motorway segments in Dublin.[7]

In 2015, OPTrusts, Stichting Pensioenfonds Zorg en Welzijn (PGGM) and Universities Superannuation Scheme (USS) purchased Globalvia[8] for a total of €420 million.[9]

The company entered the United States in December 2016[10] by successfully securing the purchase of Pocahontas Parkway located in Richmond, Virginia.[11]

In 2020, the company founded Openvia to focus on technology and innovation platforms such as Tap&Go, Slora by Globalvia and Meep Sevilla.[12]

In 2022, in partnership with Australian based multinational bus operator Kinetic Group, Globalvia purchased a 49% stake in the Go-Ahead Group,[13] a United Kingdom-based operator of buses and railway services in the UK, Singapore, Germany, Ireland and Norway.[14]

Operations

Globalvia operates a number of road infrastructure projects listed below, all of its public transport assets outside of Spain are part of Go-Ahead Group.:[15]

Chile

  • Autopista Costa Arauco
  • Autopista del Aconcagua
  • Autopista del Itata
  • Autopista Vespucio Norte
  • Túnel de San Cristóbal

Ireland

United States

Spain

Portugal

  • Beira Interior
  • Transmontana

Costa Rica

  • Ruta 27

United Kingdom

Main article: Go-Ahead Group

Through its 49% shareholding in the Go-Ahead Group (UK-based), Globalvia operates public transport networks in the UK, Singapore and Ireland, and railway services in the United Kingdom, Norway and Germany.

References

  1. ^ "International presence | Globalvia". Globalvía. Retrieved 14 November 2022.
  2. ^ Result of Meeting Go-Ahead Group, 16 August 2022
  3. ^ We submit together with Kinetic an offer for the acquisition of Go-Ahead Globalvia, 14 June 2022
  4. ^ "FCC and Caja Madrid establish Global Vía Infraestructuras - FCC". www.fcc.es. Retrieved 14 November 2022.
  5. ^ "Our origins and evolution | Globalvia".
  6. ^ MarketScreener. "Globalvia Infraestructuras, S.A. agreed to acquire 66.79% stake in Metro de Sevilla from Iridium Concesiones de Infraestructuras, S.A. and Sacyr Concesiones S.A. for approximately €120 million. | MarketScreener". www.marketscreener.com. Retrieved 14 November 2022.
  7. ^ Corner, The. "Globalvia and Sacyr Win €35m Dublin Motorway Contract | The Corner". Retrieved 14 November 2022.
  8. ^ "USS, PGGM and OPTrust to Financially Augment Globalvia - SWFI". www.swfinstitute.org. Retrieved 14 November 2022.
  9. ^ "Our origins and evolution | Globalvia". Globalvía. Retrieved 14 November 2022.
  10. ^ "Our origins and evolution | Globalvia". Globalvía. Retrieved 14 November 2022.
  11. ^ "Pocahontas Parkway – Pocahontas Parkway is managed by Globalvia". www.pocahontas895.com. Retrieved 14 November 2022.
  12. ^ "Openvia, our innovative mobility platform | Globalvia". Globalvía. Retrieved 14 November 2022.
  13. ^ Team, routeone (12 October 2022). "Go-Ahead sale to Kinetic and Globalvia completes". routeone. Retrieved 14 November 2022.
  14. ^ "Overview". The Go-Ahead Group. Retrieved 14 November 2022.
  15. ^ "International presence | Globalvia". Globalvía. Retrieved 14 November 2022.
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