The Battle of Attiki Odos is open

In publishing the amount of binding financial bids for the candidates participating in the new franchise tender Attica Road will proceed on typidIt seeks to ensure the transparency of the process of exploiting one of the most valuable assets in its portfolio. The disclosure of the binding financial bids is set to take place before the start of the Thessaloniki International Fair, which will be held on September 9.

the typidNot only will it announce the amount of binding bids, but it will also invite any bidder who may have bid lower than the 5% highest bid, to bid with the highest bidder. Obviously, the goal is to secure the highest possible price.

Based on the relevant planning, by the middle of next month, the preferred investor will be announced.

TAIPED will publish offers for the six investment plans.

In the current final stage of the competition, six of the eight eligible investment schemes are participating. It’s about her Gek Ternathe Spanish Abertis Infraestructuras, the consortium Brisa Autoestradas de Portugal and Rubicone Bidco from Portugal and Great Britain respectively, along with Intrakat, the Macquarie consortium with the interests of Fincop Infrastructure of the Copelouzou group, the consortium of Mytilineos, Vinci Highways, Vinci Concessions and Mobility Partner and finally, the project The joint venture between current franchisees Aktur Perachors and AFAX, with Meridiem Eastern Europe.

The term of the new concession contract will be 25 years, and according to market sources, the price is expected to easily exceed 2 billion euros and may approach 2.5 billion dollars, and the interest is high due to the returns that this axis guarantees to its officials. The shareholders of the current concessionaire, Ellactor (65.7%) and Avax (34.2%) – as well as other minority shareholders who have now left by selling their shares to the above – raised funds from 2016 until the end of 2022. Asking €600m In the form of dividends and return of capital. For the 2022 financial year, distributed dividends amounted to €46.8 million, plus advance dividends of €30 million, for a total of €76.8 million. In 2021, the total amount of the dividend increased to €84.4m while a capital gain of €82.8m was paid. Accordingly, 82.6 million euros were distributed in 2020 and 100.3 million euros in 2019.

The main elements of the new concession contract are a reduction in fees to €2.5 from €2.8 today, as well as the right for the franchisee to request an increase in the fee price after the first five years of the contract have expired, upon presentation of the relevant – documented with traffic studies and other data – application.

Attiki Odos is about 70 km long and was built in the 1990s in a concession manner. It is the regional road hub of the wider metropolitan area of ​​Athens and a major part of the road network in the Attica Prefecture. Moreover, it is the connecting link between the PATHE axis (Patra – Athens – Thessaloniki – Evzoni), connecting Athens – Lamia with the national Athens – Corinth, bypassing the center of Athens. It controls access and consists of two intersecting vertical sections, the Elefsina – Stavro – Spaton Highway, approximately 52 km long and West Regional Imitos Street, approximately 13 km long. Attica Road also includes a section of Egaleo Regional Street West, about 5 km.