Autopistas de Puerto Rico
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Type | Societas Europaea |
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Industry | Transportation |
Genre | Toll bridge |
Founded | 1993 |
Headquarters | San Juan, Puerto Rico |
Area served | San Juan–Caguas–Guaynabo metropolitan area |
Services | operates the Teodoro Moscoso Bridge |
Parent | Abertis |
Website | autopistasdepuertorico |
Part of a series on the |
Economy of Puerto Rico |
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Government |
Autopistas de Puerto Rico S.E. (English: Puerto Rico Expressways) is the public–private partnership, privately held company that operates the Teodoro Moscoso Bridge on behalf of the Puerto Rico Highways and Transportation Authority. The company is wholly owned by Abertis.[1]
History[]
Autopistas de Puerto Rico S.E. was founded by of Spain with 74.25% stake, with 20% share, with 4.75% interest and Autopistas Corporation (English: Expressways Corporation) with 1% interest. In 1998 of Spain bought Dragados' share, who in turn sold their shares to in 2001. In 2003, Abertis bought Aurea out, and then, in 2010, acquired the remaining 24.75% shares owned by the other two founding members.[1] The remaining 1% is owned by Autopistas Corporation, a shell company based in Puerto Rico which is also owned by Abertis.
Timeline[]
- 1993: Autopistas de Puerto Rico S.E. is founded.
- 1994: the Teodoro Moscoso Bridge is opened to the public.
- 1998: acquires shares. Valor 2002 S.A. becomes a supermajority shareholder with 74.25% of the shares.
- 2001: buys shares. Aurea becomes a supermajority shareholder with 74.25% of the shares.
- 2003: Abertis buys shares. Abertis becomes a supermajority shareholder with 74.25% of the shares.
- 2010: Abertis buys and shares. Abertis becomes the sole owner by owning 99% of the shares through Abertis Infraestructuras, S.A. (a Societas Europaea based and registered in Spain) and 1% through Autopistas Corporation (a shell company based and registered in Puerto Rico).
References[]
- ^ a b "Sobre Autopistas de Puerto Rico" (in Spanish). Autopistas de Puerto Rico. Archived from the original on 2013-01-17. Retrieved December 21, 2012.
External links[]
- Official website (in Spanish)
- Public–private partnerships in Puerto Rico
- Toll roads in Puerto Rico
- Societates Europaeae