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Metropistas

Metropistas

Indirect Partnership
Abertis 51%, Ullico 49%
https://metropistas.com/

Description of the transaction

In March 2020, Ullico Investment Fund completed the acquisition of a 49% stake in Metropistas, which operates a number of sections of motorway under concession in Puerto Rico, from Goldman Sachs Infrastructure Partners.

Strategic rationale for the transaction

Ullico replaced Goldman Sachs Infrastructure Partners as Abertis’s long-term partner in the country.

Description of the partner

Ullico, founded back in 1927, provides insurance and investment services to trade union members in the United States. Its holds investments in the construction and infrastructure sectors. https://www.ullico.com/