Pune-Solapur50% Atlantia, 50% Tata group
Description of the transaction
In February 2009 Atlantia, as part of a 50/50 joint venture with the Tata group, was awarded the concession for the 110-km section of motorway connecting Pune and Solapur in the state of Maharashtra in India.
Strategic rationale for the transaction
The project marked Atlantia’s first ever investment in India with significant growth potential.