Santander, Abertis Buy Chile Road Stakes

Spanish road operator Abertis and the Santander Infrastructure Fund II and have acquired stakes in two Chilean highway contracts for a total of EUR710.6m from Spanish builder ACS. The two bought 50% stakes in the 60km Autopista Central running through Santiago and the140km Rutas del Pacifico connecting Santiago with Valparaiso. The roads come with concessions extending to 2031 and 2026, respectively.