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Our origins and evolution

Our path
Since we embarked on this venture in 2007 we have worked non-stop, year after year, to always give the very best of ourselves.

Discover our milestones!

2020 was not just another year. It was a year full of new challenges and a huge amount of uncertainty, but also one of commitment and endeavour. A year in which we reinforced the idea of just how far we can go together, and the fact is that at Globalvia we have managed to overcome these difficult months thanks to our commitment and joint efforts by all our teams in the 7 countries where we operate.

In the worst months of the Covid-19 pandemic we kept our concessions operating, adapting to new ways of working, and providing our teams with all the necessary resources and safety so that our activity would not stop at any time, and we could thus continue providing society with our essential services.

With the aim of reinforcing our social actions, we supported those who work to protect and provide the most vulnerable members of our society with the right opportunities. Consequently, over such difficult months, we maintained and reinforced our commitment to the foundations and organizations we work with, whilst at the same time embarking on new cooperation processes with entities who needed our support.

We launch Openvia

Our new technology and innovation platform, through which we channel our projects to improve the user experience and provide new mobility solutions and opportunities. Over the last twelve months leading projects such as Tap&Go, Slora by Globalvia and Meep Sevilla by Globalvia have all been materialized.

The GRESB international sustainability index named us sustainable leaders in Road Management for the second year on the run, improving our score over the previous year.

Furthermore, we repositioned and launched our new brand the same year to become a mobility benchmark.

We have been playing a significant role in society for many years now. Nevertheless, our brand did not reflect this. We therefore decided to change it and we evolved to transmit what we really do: change the world together. Passion, Commitment, Excellence and Solutions are the values that guide us on our path towards a more connected, collaborative, sustainable society.

With the launch of our new brand, we have consolidated our commitment to connect people with their possibilities, while always observing the very highest standards of ethics and responsibility. We have embarked on a new stage in which we embrace the challenges of the mobility sector with excitement. A sector in which we want to be closer to you, to all our users, allies and the countries where we operate.

Because the best way to go further is to do it together.

2019 was marked by the milestone of becoming world leader in Sustainability in the infrastructures sector (ESG aspects – Environmental, Social and Governance) in the GRESB Global Real Estate Sustainability Benchmark. But this year also set us out as the year of Innovation.

Throughout that year we worked on some interesting initiatives, projects and activities with the aim of providing new mobility services through a digital infrastructure in a collaborative ecosystem to improve the user experience.

Through this objective, we want to respond to the challenges, needs and business opportunities, and to maximize the value of our assets.

We secured the new operation and maintenance contract for the toll-free ring road highways in the Metropolitan Area of Dublin for an initial period of 5 years with the possibility of extending it to 8 years with a controlling majority.

We reached 40.4% of Itínere by buying the shares that Abanca and VidaCaixa still held, for a total of 3.35 million Euros.

Metro de Sevilla and Tranvías de Barcelona celebrated their tenth and fifteenth anniversaries respectively. And both of them had cause to celebrate, with record numbers of passengers since operations began: Metro de Sevilla with nearly 17 million, and TRAM with 29.8 million fares.

We integrated the Sustainable Development Goals in our three-year Sustainability strategy. The Sustainability Committee and the Company’s employees defined the 5 SDG’s that we will officially work towards at all levels through commitment and effort: Quality Education (4), Gender Equality (5), Decent Work and Economic Growth (8), Industry, Innovation and Infrastructure (9) and Climate Action (13).

We continue to adhere to the #COMPAIES4SDGs campaign to promote knowledge, dissemination and fulfilment of the SDGs at world level.

We continued on our journey to increase our investment capacity thanks to the support by our three shareholders. They jointly increased their commitment to us by injecting 1 billion euros for future investments in transport infrastructure projects at world level.

We made the biggest investment in our history with the purchase of 40.1% of the concessionary company Itínere.

Autopista Costa Arauco (formerly Ruta 160) completed its transformation process in line with our business model, aligning its policies, procedures and people management to our specifications.

In February Autovía Santiago Lampa was officially received by the Ministry of Public Works of Chile, two months before the contractual deadline.

Pocahontas Parkway (USA) and Autopista del Aconcagua (Chile) both implemented their free flow toll systems, in May and August respectively. Tramvia Metropolità and Tramvia Metropolità del Besòs, our concession companies managing the 6 Barcelona tramway lines, became the leading tramways in Spain in terms of number of passengers at the year close, totaling 29 million users. Tranvía de Parla, on the other hand, reached the figure of 50 million passengers since it opened and has reported a demand growth of 5% compared to the previous year. And finally, Metro de Sevilla closed 2018 with an all-time record at the year end, slightly short of 17 million users, accounting for an increase of 5% over 2017.

Our strategy focusses on and is committed to meeting the Sustainable Development Goals. Indeed, after successfully passing the first stage of the dissemination campaign in 2017, we furthered our commitment and adhered to the second part of #COMPANIES4SDGs.

We established our Sustainability Committee as the principal body to design our strategy with regard to this subject, and to implement, monitor and assess all actions carried out in the 8 countries where our business takes place.

 

This year marked our 10th anniversary since we embarked on this venture.

We became the main shareholder in the A23-Beira Interior highway in Portugal through the purchase of 33.33% of the shares.

We increased our holding in Autoestrada Transmontana to 96% with the purchase of 46% of the state company Auto-Estradas XXI Subconcessionária Transmontana, S.A. from the company SDC Investimientos, and between July and October we increased our holding in the A23-Beira Interior concession to reach 100% of the capital.

We acquired 100% of the Ruta 160 shares held by Acciona, thus increasing to four the number of Chilean highways under our management. On May 31st we ended the first public issue of bonds for our first 10 years of business for the amount of 300 million US Dollars, subscribed by 57 institutional investors.

Once again we subscribed to the 10 Principles of the United Nations Global Compact, publicly submitting their Communication on Progress report.

We joined the Sustainable Development Goals (SDG) dissemination campaign approved by the United Nations at the Sustainable Development Summit held in September 2015. These 17 universally applicable goals were proclaimed as the principal challenges to achieve a better world between now and 2030.

We continued with work on the Urban Section of Autopista del Aconcagua (Chile).

Ruta 27, one of the concessions under our management, was awarded the Country Brand license “esencial Costa Rica”.

We renewed our Integrated Management System certificate until 2019 covering Quality, Environment and Health and Safety at Work.

On March 17th we opened our Shareholder Structure thanks to FCC and Bankia signing the sale of 100% of our shares to the OPTrust, PGGM and USS funds. We completed the improvement in terms of safety and accessibility for users and pedestrians on Autopista del Aconcagua, one of our two Chilean highway concessions.

On December 20th we entered the US market by successfully securing the purchase of Pocahontas Parkway located in Richmond, Virginia.

All our highway and railway concessions ended the year with record figures in terms of traffic and number of passengers.

We started work on the Urban Section of Autopista del Aconcagua (Chile). This project entailed adapting Ruta 5 Norte of Autopista del Aconcagua to urban standards, more specifically the first 15 kilometres of the Santiago – Los Vilos section between the Quilicura intersection with Américo Vespucio and Lampa toll.

We successfully completed the disinvestment transaction of 78.68% of the holding we had in the Castellón Multipurpose Terminal (Spain) through the sale to Grup TCB and 33% of our holding in the Son Espases Mallorca University Hospital Concession in the Balearic Islands (Spain) through the sale to the company Aberdeen Infrastructure (HoldCo) B.V.

On July 30th, the Board of Directors of the National Council of Concessions of Costa Rica, presided by the Minister of Public Works and Transport, ratified the Final Commissioning of Section II of Ruta 27, a concession managed by Globalvia.

In August, our creditors, namely OPTrust, PGGM and USS exercised their pre-emptive right to acquire our shares. This transaction was executed within the framework of the FCC and Bankia share sale process (50% and 50%) in their respective selective disinvestment processes. Finally, in October the agreement was formalized in which the three pension funds, OPTrust, PGGM and USS acquired 100% of Globalvia’s shares for the amount of almost 420 million Euros.

We acquired 88.23% of Metro de Sevilla shares. Through this transaction we became the main private operator in the management of railway infrastructures in Spain.

We acquired Acciona’s 11.78% share in Tramvía Metropolitá, S.A., and 12.88% in Tramvía Metropolitá del Besòs, S.A., thereby controlling 42.44% and 43.05% of those companies respectively.

We opened Metro de Málaga, making Málaga the sixth city in Spain where this transport system is operated.

We opened the section Nuevo Necaxa – Ávila Camacho (TC1) on Autopista México – Tuxpan, consisting of 37 km of highway with two carriageways of two lanes in each direction, six tunnels and twelve bridges operated by means of a payment scheme by availability.

With the purchase of 3.53% of Túnel del Sóller in March and 5.30% in November, we held 98.1% of the shares.

We increased our holdings in Tramvía Metropolitá del Baix by 0.95% and by 0.96% in Tramvía Metropolitá del Besòs.

We acquired 30.17% of Tramvía Metropolità del Besòs and 30.66% of Tramvía del Baix Llobregat, who both companies operate the two tram lines in Barcelona. Through this transaction, we became the main shareholder in both assets.

We closed the agreement for the sale and purchase of Metro de Sevilla (Spain).

We were awarded the operation and maintenance contract for 161 km of highway in the Dublin urban area. By doing so, we become the leading highway operator in Ireland.

We acquired 33.3% of Ruta de los Pantanos (Madrid, Spain) now controlling 100% of this asset. We first acquired 17% of Ruta 27 (Costa Rica) and later 35%. Through this transaction we took control of 100% of this asset.

The section Ávila Camacho – Tihuatlán (TC2) on Mexico-Tuxpan highway was opened, spanning 48.1 km, consisting of 2 lanes and a specific toll system.

We acquired 32.7% of the shares that Banesto had in Túnel del Sóller, by means of which we controlled 89.23% of this asset.

Our branch company Globalvia Inversiones was established, which contributes selected assets for fund investment, mainly shares in highway and railway concessions.

We redefined our portfolio, defining highway and railway projects as strategic assets, and also identifying target countries, placing investor emphasis on OECD countries.

We continued our consolidation process as a platform for major infrastructure projects, completing the process of incorporating companies within our business group. We implement a new Strategic Growth and Value Creation Plan.

We won the private international tender to acquire Bancomex’s two highways in Chile, namely Autopista del Aconcagua and Autopista del Itata. Through this transaction we took control of 100% of both assets.

We were awarded the concession for construction and operation of the Transmontana IP4 highway between Vila-Real and Bragança in Portugal (194 km long) for a period of 30 years.

Globalvia was incorporated in early 2007 with the objective of uniting all the infrastructure assets held under concession by FCC and Caja Madrid (now Bankia) in a single group.

Since 2007 we have been carrying out all the procedures to transfer the holdings by our shareholders in the different concessionary companies who contribute to the capital at a share of 50:50.

We were awarded the concession of Autopista Necaxa-Tihuatlán (85 km long), which is the main highway joining Mexico DF and Veracruz, for a period of 30 years.