Ferrovial, Macquarie put up for sale concession in Chicago toll road

Published 06/26/2015, 06:33 AM
Updated 06/26/2015, 06:34 AM
© Reuters. A welder works at a Ferrovial construction site, of new residential buildings, in Madrid
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MADRID (Reuters) - Spanish infrastructure group Ferrovial (MC:FER) and Australia's Macquarie (AX:MQG) have put up for sale their concession for the Chicago Skyway toll road in the U.S., a source with knowledge of the matter said on Friday.

Ferrovial has a 55 percent stake in the concession while Macquarie holds the remaining 45 percent. They had won the concession in 2005 with a bid worth $1.83 billion.

Ferrovial said the Chicago Skyway had revenues of 62 million euros ($69.45 million) and an operating income of 54 million euros last year.

© Reuters. A welder works at a Ferrovial construction site, of new residential buildings, in Madrid

The news of the sale was first published by InfraNews website.

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