Ardian – Acquisition of Italian road concessionaire

Ardian infrastructure has acquired 49% of Autovia Padana, an Italian road concessionaire. Through Adrian Infrastructure Fund IV, the group paid EUR 80m in equity to two subsidiaries of Gavio Group: motorway operator SATAP and construction group Itinera. The contract involves maintaining and operating the connecting toll roads between the cities of Piacenza, Cremona and Brescia during the next 25 years.