HSBC Infrastructure Fund III managed by InfraRed Capital Partners entered into an agreement to acquire 85% stake in PPP Watty Vos Boulevard and PPP Green Corridor from Mota-Engil, SGPS, SA.
January 01, 2017
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HSBC Infrastructure Fund III managed by InfraRed Capital Partners entered into an agreement to acquire 85% stake in PPP Watty Vos Boulevard and PPP Green Corridor from Mota-Engil, SGPS, SA (ENXTLS:EGL) on January 2, 2017. The completion of the transaction is subject to the grantor’s authorization, which is expected in January 2017.
Mota-Engil, SGPS, S.A. is a group organized around 6 sectors of activity:
- Engineering and Construction: Mota-Engil, SGPS, S.A. has developed construction projects in some fifty countries and is present on three continents (Europe, Africa and Latin America) where it has asserted its technical competence and reputation, excelling in the construction of various infrastructures such as roads, freeways, airports, ports, dams and railroads ;
- Industrial Engineering Services: the group has capitalized on its recognized presence and experience since 1998, with a proven ability to operate in numerous markets, reflected in medium-term contracts of between three and eight years;
- Environment: Mota-Engil, SGPS, S.A. began its activities in the environmental sector in Portugal in 1995, through the company SUMA in the urban waste management and collection segment, and added its skills to those of the company EGF, a leader in waste treatment and recovery. Internationally, Mota-Engil is increasingly developing its activities in this sector, in markets such as Angola, Mozambique, Cape Verde, Brazil, Oman and Côte d'Ivoire;
- Mota-Engil Capital: a business unit whose aim is to optimize value creation for the group through investment diversification, underpinned by integrated management of a range of assets and projects complementary to the Engineering, Construction and Environment segments.
- Mota-Engil Mext: unit responsible for differentiated areas such as Real Estate, Agroforestry Production and Energy. It also aims to strengthen investment in innovation and accelerate global transformation;
- Concessions: Mota-Engil, SGPS, S.A. operates, through Lineas and its subsidiaries, a network of some 2,500 km of roads and freeways, including the two bridges of the city of Lisbon. The business extends to international markets, mainly in Latin America.
HSBC Infrastructure Fund III managed by InfraRed Capital Partners entered into an agreement to acquire 85% stake in PPP Watty Vos Boulevard and PPP Green Corridor from Mota-Engil, SGPS, SA.
MOTA-ENGIL, SGPS, S.A. 
