• Transport

    Identification of critical assets for a major toll-road operator

    Solvere developed a tailor-made methodology for the client, based on the all-hazard approach. The project allowed the client to get a much better knowledge of the assets under his responsibility and a general understanding of its vulnerabilities and on how to increase the resilience of the business. The project included also the development of a …

  • Social Infrastructure • Transport

    Portfolio of transport assets, justice courts and prisons, Spain

    We provided technical due diligence services in the potential acquisition of a portfolio of assets including roads, railways, justice courts and prisons in Spain. Undertaken for Steer Davies Gleave.

  • Transport

    Mexico Toll Roads Acquisition, Mexico

    Solvere was the technical and demand/revenue advisor of Abertis in the potential acquisition of a Mexican highway operator that owned over 1,000 km of toll roads. We developed independent CapEx, OpEx and revenue models and carried out asset condition and risk assessments with recommendations to the Client.

  • Transport

    Urban Toll Road Acquisition, USA

    We developed the life cycle cost model and carried out the asset condition evaluation and CapEx due diligence for Abertis in the potential acquisition of a major 1950’s urban toll road with heavy traffic and 90+ years concession remaining. Undertaken for Jacobs.

  • Transport

    Car Park Operator Credit Rating, Spain-Portugal

    Solvere carried out the independent technical due diligence required in the credit rating process for the issuance of corporate debt by a major car park operator in Spain and Portugal. The portfolio analyzed comprised 172 assets and our work included the assessment of asset condition, commercial risk analysis, life cycle cost modelling and cost forecasting. Undertaken for Steer Davies Gleave.

  • Transport

    Costa da Morte Availability Payment Highway, Spain

    Technical advisors to the lending consortium (BBVA, Banesto, Bankia, La Caixa, NCG, Santander) in the financial closing Due Diligence of Costa da Morte, an availability-based PPP highway in Galicia, Spain. The scope included CapEx, OpEx and the payment mechanism as well as cross-cutting financial and commercial issues. Undertaken for Jacobs.

  • Transport

    Acquisition of 5 brownfield toll roads, Chile – Costa Rica – Mexico – Spain

    Solvere carried out the technical due diligence, including CapEx, OpEx and commercial, for the potential acquisition by a group of pension funds of 5 toll roads owned by Globalvia: SCADA and SCADI in Chile, AUSOL in Costa Rica, Nueva Necaxa in Mexico and M45 in Spain. Undertaken for Jacobs.

  • Transport

    Probabilistic Models for Availability Payment Highways, Spain

    We developed probabilistic models of performance indicators in the A-334 and A-66 highway concessions in Spain. The availability-based contracts included more than 40 indicators. Our models were used by Acciona, Cintra and Meridiam (A-334) and Copasa (A-66) to determine the probable range of payment deductions, with the objective of quantifying the contractual and financial risks.

  • Transport

    Acquisition of Portfolios Comprising Ten Brownfield Toll Roads, Chile

    Solvere performed the OpEx, CapEx and commercial analysis in the technical due diligence for the potential acquisition by CPPIB of two separate portfolios of highways in Chile: Grupo Costanera -Costanera Norte, Vespucio Sur, Radial Nororiente, Acceso Vial AMB and Litoral Centro-; and ISA -Ruta del Maipo, Ruta del Maule, Ruta del Bosque, Ruta de la Araucanía and Ruta de los Ríos-. Undertaken for Jacobs.

  • Transport

    Acquisition of a Global Infrastructure Operator. Western Europe and Latin America

    Solvere provided technical advisory services to determine CapEx, OpEx, asset condition and contractual risks in the potential acquisition process of a global infrastructure operator by one of the largest sovereign funds worldwide. The operator portfolio comprised roads, railways and a transport hub in Spain, Portugal, Chile, Mexico and Costa Rica. Undertaken for Steer Davies Gleave.