Alba Group

Bilbao, Spain

AGESA

  • Location: Spain
  • Stage: Operational
  • Sector: Transport
  • Fund: EOPF
  • Acquisition date: 2019
  • Concession end date: 2042

The Project is a concession for the design, build, finance, maintenance and operation of the N-636 motorway from Gerediaga to Elorrio, which is located 50km southeast of Bilbao, Spain. It is comprised of the newly built Gerediaga-Elorrio carriageway (6.4km), and the pre-existing Elorrio bypass (2.8km). Overall, the Project includes nine viaducts, two bridges, one underpass, one overpass, and the Gaztelua and Axtondo tunnels.

The 30-year concession was awarded by the Provincial Council of Biscay in May 2012, became operational in August 2016 and will run until May 2042. The road provides a key connection between the provinces of Gipuzkoa and Bizkaia and results in significant time savings for its users.

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