Environmental & Social Information • Jan 2, 2017
Environmental & Social Information
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MOTA-ENGIL SGPS, S.A. ("MOTA-ENGIL") informs about the agreement with the infrastructure fund InfraRed Infrastructure Fund III for the sale of 85% stakes in the PPP Concessions in Aruba:
The completion of the transaction is subject to the grantor's authorisation, which is expected in January.
Under the terms of the agreement, MOTA-ENGIL will maintain the construction right of the infrastructure and will transfer to InfraRed the investment obligation, equity and capital, in both concessions. This agreement demonstrates MOTA-ENGIL'S ability to attract new investors for its projects, namely large international infrastructure players, based on its track-record and technical and human competencies.
This transaction is in line with the Company's StepUp 2020 strategy plan, namely in what regards the asset rotation goal, the sustainability of the operations and in line with the Company's vision as a "global infrastructure player, focused on value creation and sustainability".
Porto, 2 January 2017
THE REPRESENTATIVE FOR THE MARKET RELATIONS LUÍS SILVA
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