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{{about|the privately held company|the expressways and freeways|expressways in Puerto Rico}}
{{about|the privately held company|the expressways and freeways|expressways in Puerto Rico}}
{{short description|European public–private partnership, privately held company}}
{{Short description|Spanish public–private partnership, privately held company}}
{{italic title}}
{{italic title}}
{{multiple issues|
{{multiple issues|
{{one source|date=December 2012}}
{{one source|date=December 2012}}
{{primary sources|date=December 2012}}
{{primary sources|date=December 2012}}

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{{Infobox company
{{Infobox company
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{{sidebar Economy of Puerto Rico}}
{{sidebar Economy of Puerto Rico}}
'''''Autopistas de Puerto Rico S.E.''''' ({{lang-en|Puerto Rico Expressways|italic=yes}}) is the [[List of public–private partnerships in Puerto Rico|public–private partnership]], [[privately held company]] that operates the entire [[Teodoro Moscoso Bridge]] on behalf of the [[Puerto Rico Highways and Transportation Authority]]. The company is wholly owned by [[Abertis]].<ref name="about-autopistas-de-puerto-rico">{{cite web|url=http://www.autopistadepuertorico.com/index.php/sobre-nosotros |archive-url=https://archive.today/20130117212216/http://www.autopistadepuertorico.com/index.php/sobre-nosotros |url-status=dead |archive-date=2013-01-17 |title=Sobre Autopistas de Puerto Rico |accessdate=December 21, 2012 |language=Spanish |publisher=Autopistas de Puerto Rico }}</ref>
'''''Autopistas de Puerto Rico S.E.''''' ({{langx|en|Puerto Rico Expressways|italic=yes}}) is a European [[List of public–private partnerships in Puerto Rico|public–private partnership]], [[privately held company]] that operates the [[Teodoro Moscoso Bridge]] on behalf of the [[Puerto Rico Highways and Transportation Authority]]. The company is wholly owned by [[Abertis]].<ref name="about-autopistas-de-puerto-rico">{{cite web|url=http://www.autopistadepuertorico.com/index.php/sobre-nosotros |archive-url=https://archive.today/20130117212216/http://www.autopistadepuertorico.com/index.php/sobre-nosotros |url-status=dead |archive-date=2013-01-17 |title=Sobre Autopistas de Puerto Rico |accessdate=December 21, 2012 |language=Spanish |publisher=Autopistas de Puerto Rico }}</ref>


==History==
==History==
''Autopistas de Puerto Rico S.E.'' was founded by [[Dragados y Construcciones S.A.]] of [[Spain]] with 74.25% stake, [[Supra and Company S.E.]] with 20% share, [[Rexach Construction Company]] with 4.75% interest and '''''Autopistas Corporation''''' ({{lang-en|italic=yes|Expressways Corporation}}) with 1% interest. In 1998 [[Valor 2000 S.A.]] of Spain bought Dragados' share, who in turn sold their shares to [[Aurea Concesiones de Infraestructura de España]] in 2001. In 2003, [[Abertis]] bought Aurea out, and then, in 2010, acquired the remaining 24.75% shares owned by the other two founding members.<ref name="about-autopistas-de-puerto-rico" /> The remaining 1% is owned by ''Autopistas Corporation'', a [[shell company]] based in Puerto Rico which is also owned by Abertis.
''Autopistas de Puerto Rico S.E.'' was founded by Dragados y Construcciones S.A. of [[Spain]] with 74.25% stake, Supra and Company S.E. with 20% share, Rexach Construction Company with 4.75% interest and '''''Autopistas Corporation''''' ({{langx|en|italic=yes|Expressways Corporation}}) with 1% interest. In 1998 Valor 2000 S.A. of Spain bought Dragados' share, who in turn sold their shares to Aurea Concesiones de Infraestructura de España in 2001. In 2003, [[Abertis]] bought Aurea out, and then, in 2010, acquired the remaining 24.75% shares owned by the other two founding members.<ref name="about-autopistas-de-puerto-rico" /> The remaining 1% is owned by ''Autopistas Corporation'', a [[shell company]] based in [[Puerto Rico]] which is also owned by [[Abertis]].


==Timeline==
==Timeline==
* 1993: ''Autopistas de Puerto Rico S.E.'' is founded.
* 1993: ''Autopistas de Puerto Rico S.E.'' is founded.
* 1994: the [[Teodoro Moscoso Bridge]] is opened to the public.
* 1994: the [[Teodoro Moscoso Bridge]] is opened to the public.
* 1998: [[Valor 2002 S.A.]] acquires [[Dragados y Construcciones S.A.]] shares. Valor 2002 S.A. becomes a [[supermajority]] shareholder with 74.25% of the shares.
* 1998: Valor 2002 S.A. acquires Dragados y Construcciones S.A. shares. Valor 2002 S.A. becomes a [[supermajority]] shareholder with 74.25% of the shares.
* 2001: [[Aurea Concesiones de Infraestructura de España]] buys [[Valor 2002 S.A.]] shares. Aurea becomes a [[supermajority]] shareholder with 74.25% of the shares.
* 2001: Aurea Concesiones de Infraestructura de España buys Valor 2002 S.A. shares. Aurea becomes a [[supermajority]] shareholder with 74.25% of the shares.
* 2003: [[Abertis]] buys [[Aurea Concesiones de Infraestructura de España]] shares. Abertis becomes a supermajority shareholder with 74.25% of the shares.
* 2003: [[Abertis]] buys Aurea Concesiones de Infraestructura de España shares. Abertis becomes a supermajority shareholder with 74.25% of the shares.
* 2010: [[Abertis]] buys [[Supra and Company S.E.]] and [[Rexach Construction Company]] shares. Abertis becomes the sole owner by owning 99% of the shares through [[Abertis|Abertis Infraestructuras, S.A.]] (a ''[[Societas Europaea]]'' based and registered in [[Spain]]) and 1% through ''Autopistas Corporation'' (a [[shell company]] based and registered in Puerto Rico).
* 2010: [[Abertis]] buys Supra and Company S.E. and Rexach Construction Company shares. Abertis becomes the sole owner by owning 99% of the shares through [[Abertis|Abertis Infraestructuras, S.A.]] (a ''[[Societas Europaea]]'' based and registered in [[Spain]]) and 1% through ''Autopistas Corporation'' (a [[shell company]] based and registered in Puerto Rico).


==References==
==References==
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[[Category:Public–private partnerships in Puerto Rico]]
[[Category:Public–private partnerships in Puerto Rico]]
[[Category:Toll roads in Puerto Rico| ]]
[[Category:Toll roads in Puerto Rico| ]]
[[Category:Societates Europaeae]]
[[Category:1993 establishments in Puerto Rico]]

Latest revision as of 15:07, 29 November 2024

This article is about the privately held company. For the expressways and freeways, see expressways in Puerto Rico.

Autopistas de Puerto Rico
Company typeSocietas Europaea
IndustryTransportation
GenreToll bridge
Founded1993; 31 years ago (1993)
HeadquartersSan Juan, Puerto Rico
Area served
San Juan–Caguas–Guaynabo metropolitan area
Servicesoperates the Teodoro Moscoso Bridge
ParentAbertis
Websiteautopistasdepuertorico.com Edit this at Wikidata
Part of a series on the
Economy of Puerto Rico
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Autopistas de Puerto Rico S.E. (English: Puerto Rico Expressways) is a European public–private partnership, privately held company that operates the Teodoro Moscoso Bridge on behalf of the Puerto Rico Highways and Transportation Authority. The company is wholly owned by Abertis.[1]

History

[edit]

Autopistas de Puerto Rico S.E. was founded by Dragados y Construcciones S.A. of Spain with 74.25% stake, Supra and Company S.E. with 20% share, Rexach Construction Company with 4.75% interest and Autopistas Corporation (English: Expressways Corporation) with 1% interest. In 1998 Valor 2000 S.A. of Spain bought Dragados' share, who in turn sold their shares to Aurea Concesiones de Infraestructura de España in 2001. In 2003, Abertis bought Aurea out, and then, in 2010, acquired the remaining 24.75% shares owned by the other two founding members.[1] The remaining 1% is owned by Autopistas Corporation, a shell company based in Puerto Rico which is also owned by Abertis.

Timeline

[edit]
  • 1993: Autopistas de Puerto Rico S.E. is founded.
  • 1994: the Teodoro Moscoso Bridge is opened to the public.
  • 1998: Valor 2002 S.A. acquires Dragados y Construcciones S.A. shares. Valor 2002 S.A. becomes a supermajority shareholder with 74.25% of the shares.
  • 2001: Aurea Concesiones de Infraestructura de España buys Valor 2002 S.A. shares. Aurea becomes a supermajority shareholder with 74.25% of the shares.
  • 2003: Abertis buys Aurea Concesiones de Infraestructura de España shares. Abertis becomes a supermajority shareholder with 74.25% of the shares.
  • 2010: Abertis buys Supra and Company S.E. and Rexach Construction Company shares. Abertis becomes the sole owner by owning 99% of the shares through Abertis Infraestructuras, S.A. (a Societas Europaea based and registered in Spain) and 1% through Autopistas Corporation (a shell company based and registered in Puerto Rico).

References

[edit]
  1. ^ a b "Sobre Autopistas de Puerto Rico" (in Spanish). Autopistas de Puerto Rico. Archived from the original on 2013-01-17. Retrieved December 21, 2012.
[edit]


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