The transaction is the result of Cintra exercising the put option it had on these shares since 2019, when it sold 65% of Ausol to the same French fund.
Meridiam is a Paris-based global investor and asset manager specialising in the development, financing and management of long-term public infrastructure projects. Founded in 2005, Meridiam invests in public infrastructure in Europe, North America and Africa.
GA_P’s team advising on the transaction were: Fernando Igartua, partner in the Banking and Finance practice, Mariana Díaz-Moro Paraja, partner in the Tax practice, Irene Carreño Álvarez and Sergio Gómez López, associates in the Corporate practice, and María Fanego and Cecilia Herreros Aja, associates in the Banking and Finance practice.