Acciona continues talks for São Paulo subway line

Acciona continues talks for São Paulo subway line

Project & Infrastructure Finance M&A Regulation Brazil Europe China

Spain's Acciona is still in line to take over the contract to build and operate Line 6-Orange of the São Paulo urban transit system, despite reports that it had dropped out, according to a tweet from the state secretary of urban transportation. Addressing the "totally unfounded rumors" that a Chinese company had stepped in for Acciona, Alexandre Baldy tweeted that the São Paulo state government was dealing exclusively with the Spanish developer to transfer control of the project. Acciona agreed

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