Autostrade per l'Italia SpA (in the acronym Aspi) is one of the leading motorway operators in Europe, managing over 3.000 km of motorway in Italy, with long-term concessions. ASPI and its subsidiaries are responsible for the development, maintenance and management of a motorway network which extends throughout the national territory and represents approximately half of the motorway system subject to tolls in Italy, with approximately 4 million customers per day (previous figure). -Covid).
The acquisition will be done through Holding Reti Autostradali SpA (HRA), a new law company
owned (directly or indirectly) by CDP Equity (51%) – holding company of the Group Cassa Depositi e Prestiti -, Blackstone Infrastructure Partners (24,5%) and funds managed by Macquarie Asset Management (24,5%).
HRA and Atlantia have today signed, inter alia, a sale and purchase agreement concerning
the acquisition of 88,06% of ASPI.
The acquisition is expected to be completed in the coming months, after customary conditions have been met
scheduled for closing and having received the necessary permits from the competent Authorities.
The main investment objectives of the Consortium are:
- contribute to the realization of a vast investment plan throughout the ASPI motorway network
- promote the network improvement to facilitate digitization and innovation
- improve the efficiency of maintenance programs infrastructure to ensure the highest levels of performance and safety for motorists
- offer long-term stability in the management of an Italian infrastructure essential for the community and the economy.
Following the agreement reached today with Atlantia, the Consortium will start an exploratory dialogue for
understand the orientation of ASPI's minority shareholders, who hold the co-sale right, on the
remaining 11,94% of the company owned by them.
