Cintra, Sacyr weigh bids for São Paulo highway concession

Cintra, Sacyr weigh bids for São Paulo highway concession

Project & Infrastructure Finance Economy & Policy Corporate & Sovereign Strategy Regulation Brazil Europe

Spanish developers Sacyr and Cintra could present offers for the Lote Litoral Paulista toll road concession in the state of São Paulo scheduled to be auctioned in July, according to a government source. The two companies have met with São Paulo state government officials to discuss the concession and have hired financial advisers ahead of preparing a bid, the source said. The Lote Litoral Paulista concession comprises four state highways – SP-088, Rota do Sol, SP-098 and SP-055 – along the coast

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