CCR consortium wins auction for CPTM lines, with offer of $175 mm

The consortium Via Mobilidade, led by CCR, won the auction for the concession of lines 8-Diamante and 9-Esmeralda lines of the Metropolitan Trains Company of São Paulo (CPTM), with an offer of R$ 980 million ($175 mm), a premium of about 202% on the minimum value. The concession and foresees investments of R$3.35 billion ($600 mm) over the 30-year contract, of which R$2.6 billion ($463 mm) in the first six years.

Source: 6 Minutos