Mota Engil : informs about the signature of an agreement to dispose of an 85% stake in Aruba´s concessions
January 02, 2017 at 02:22 pm
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MOTA-ENGIL SIGNED AN AGREEMENT TO DISPOSE OF AN 85% STAKE IN ARUBA'S CONCESSIONS
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:
PPP Watty Vos Boulevard (awarded to MOTA-ENGIL in July 2015);
PPP Green Corridor (acquired following the agreement with Odinsa group for the Exchange of the 10% stake that MOTA-ENGIL had in La Pintada Concession in Colombia).
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
Mota-Engil SGPS SA published this content on 02 January 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 02 January 2017 19:22:03 UTC.
Original documenthttp://en.mota-engil.pt/content/download/3386/33379/version/2/file/Comunicado2janeiro2017Arubavi.pdf
Public permalinkhttp://www.publicnow.com/view/DABC37DF09FA2BF28D6C806F455C93A053032ED1
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.
MOTA-ENGIL, SGPS, S.A. 
