Bidders line up for Spanish airports
Six potential bidders have emerged for Barajas Airport in Madrid and El Prat Airport in Barcelona as the Spanish government moves ahead with the sale of both properties.
Officials at the public works ministry hope the sales will generate €5.3 billion as part of wider austerity measures in the Iberian destination.
German airport operator Fraport and partner Spanish infrastructure firm Acciona, Spanish infrastructure group Ferrovial – part owner of BAA in the UK - in consortium with CPP Investment, IFM Luxembourg and Infinity Investments are all believed to be interested in both airports.
FCC, also of Spain, has teamed up to bid with Changi Airports International and Siemens, while Aeroports de Paris has joined forces with GIP Ilex and Az-Argos.
GMR Infrastructure, based in India, has requested pre-qualification for bidding by itself.
In turn, two groups have expressed an interest one airport each.
Spanish infrastructure firm Abertis plans a joint bid with Borealis and Ibervias for El Prat airport.
Finally, Spanish builder San Jose will bid for Barajas with Medico and Global Mirobriga.
All bids are presently being considered with the ministry expected to confirm next week which will be moved forward to the next stage of the process.
The sales are expected to be completed by November.
City.Mobi
Also in Europe Emirates today, City.Mobi is celebrating the success of its new guide to Barcelona.
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