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Autopistas de Puerto Rico

Company type	Societas Europaea
Industry	Transportation
Genre	Toll bridge
Founded	1993; 31 years ago (1993)
Headquarters	San Juan, Puerto Rico
Area served	San Juan–Caguas–Guaynabo metropolitan area
Services	operates the Teodoro Moscoso Bridge
Parent	Abertis
Website	autopistasdepuertorico.com

Economy of Puerto Rico
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Secondary sectors Aerospace Automotives Construction Electronics Food service Pharmaceutics Petrochemicals PRIDCO Research Technology Textiles
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Entertainment Arts Filming Music News media Television
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Government
Agencies Department of Economic Development and Commerce Department of Treasury Economic Development Bank Government-owned corporations Planning Board Office of Management and Budget Public–Private Partnerships Authority
Assets Consolidated Fund General Fund Public Improvements Fund Special State Funds
Bond issuers AFI AFICA Authority for the Financing of the Infrastructure of Puerto Rico COFINA Government Development Bank Municipal Financing Agency
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v t e

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 Dragados y Construcciones S.A. of Spain with 74.25% stake, Supra and Company S.E. with 20% share, Rexach Construction Company with 4.75% interest and Autopistas Corporation (English: Expressways Corporation) with 1% interest. In 1998 Valor 2000 S.A. of Spain bought Dragados' share, who in turn sold their shares to Aurea Concesiones de Infraestructura de España 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: Valor 2002 S.A. acquires Dragados y Construcciones S.A. shares. Valor 2002 S.A. becomes a supermajority shareholder with 74.25% of the shares.
2001: Aurea Concesiones de Infraestructura de España buys Valor 2002 S.A. shares. Aurea becomes a supermajority shareholder with 74.25% of the shares.
2003: Abertis buys Aurea Concesiones de Infraestructura de España shares. Abertis becomes a supermajority shareholder with 74.25% of the shares.
2010: Abertis buys Supra and Company S.E. and Rexach Construction Company 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

External links

Public–private partnerships in Puerto Rico

Public–private partnerships in Puerto Rico
Education	Schools of the 21st Century
Public	Aqueducts and Sewers Authority Electric Power Authority
Social programs	New Beginnings
Transportation	Aerostar Airport Holdings Autopistas de Puerto Rico Luis Muñoz Marín International Airport Metropistas PR-5 PR-22 Teodoro Moscoso Bridge

Department of Transportation and Public Works of Puerto Rico

Department of Transportation and Public Works of Puerto Rico
Agencies	Commission on Traffic Safety Highways and Transportation Authority Maritime Transport Authority Metropolitan Bus Authority Ports Authority Highways and Transportation Authority
Posts	Secretary of Transportation and Public Works
Public-private partnerships	Autopistas de Puerto Rico Luis Muñoz Marín International Airport Metropistas PR-5 PR-22 Teodoro Moscoso Bridge
Services	AcuaExpreso Cataño Ferry Culebra Ferry Lancha de Cataño Metropolitan Bus Authority Tren Urbano Vieques Ferry