PLMJ advises on the sale of SPER and Planestrada

PLMJ has advised the sellers on the sale of both toll road companies to a fund managed by Vauban Infrastructure Partners

PLMJ advised a consortium of shareholders on the sale of all the shares and credits of the Sociedade Portuguesa para a Construção e Exploração Rodoviária and Planestrada Operação e Manutenção Rodoviária. The consortium integrates the Portuguese Commercial Bank, New Bank, ACS Group, Tecnovia and Conduril.

SPER holds the sub-concession until 2039 of the road link between Évora, Beja and Castro Verde for a total of 113.4 km (Baixo Alentejo sub-concession). Planestrada is responsible for the operation and maintenance of the sub-concession.

The buyer is an entity owned by an investment fund managed by Vauban Infrastructure Partners, a long-term investor with about €4.4 billion of assets under management in over 50 operations.

The completion of the transaction, still subject to conditions precedent, is scheduled for the first half of 2021.

PLMJ´s team was led by Corporate and M&A partner Diogo Perestrelo (pictured), and involved senior associate Nuno Marques, senior counsel Elsa Pizarro Pardal and associate Carolina Sá Duarte.

PLMJ advises on the sale of SPER and Planestrada

Antonio Jimenez Morato

Iberian Lawyer, is a monthly digital magazine, published by LC Publishing, available in Spanish and English. It represents the main source of information in the legal business sector in Spain and Portugal. The digital magazine – and its portal – address to the protagonists of law firms and in-house lawyers. The magazine is available for free on the website and on Google Play and App Store.

In every issue of the magazine, you will find rankings of lawyers, special report on trends, interviews, information about deals and their advisors.

For further information, please visit the Group’s website

Iberian Legal Group, S.L.
Registered office: C/ Ríos Rosas 44A - 2 G,H 28003 Madrid España

Copyright 2023 © All rights Reserved. Design by Origami Creative Studio


Share on linkedin
Share on twitter
Share on facebook
Share on whatsapp
Share on email
Share on telegram