- November 2011: Vol. 4, Number 10

To read this full article you need to be subscribed to Institutional Investing in Infrastructure

ACS Sells 50 Percent in Florida Toll Road Concession


Spanish construction firm ACS has sold 50 percent of its stake in the I-595 toll road concession in Florida for an enterprise value of $588 million, according to a report by Reuters. The buyer is the $458 billion TIAA-CREF. ACS still retains 50 percent ownership of the project, which is under a concession contract through 2044.


Forgot your username or password?