Vinci Highways has finalised the acquisition of a 55% stake in Entrevias from Patria, a Brazilian fund, and will hold the concession for two toll highway sections in Brazil until 2047.
The two highway sections span a total of 570km across the state of São Paulo, linking it to the state of Minas Geiras to the north and the state of Paraná to the south. Together, the three states account for more than 40% of Brazil’s GDP.
In Q1 2023, Entrevias’ network recorded 8.3 million transactions – 10% more than in Q1 2022 and 8% more than in Q1 2019.
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Works to increase capacity on the southern section, which involve widening 210km from one-lane dual carriageway to two-lane dual carriageway, are expected to be completed by the end of 2025 and support traffic growth.
With the acquisition of its first motorway concession in Brazil, Vinci Highways said it aims “to help to enhance the quality of Entrevias’ service while stepping up environmental initiatives”.
In added that “Entrevias’ territorial anchorage and experience as a motorway programme manager and working with local partners will support Vinci Highways’ future opportunities in Brazil.
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