''Autopistas Metropolitanas de Puerto Rico, LLC'' en, Puerto Rico Metropolitan Expressways stylized as ''metropistas'' en, Metro Expressways is the

public–private partnership A public–private partnership (PPP, 3P, or P3) is a long-term arrangement between a government and private sector institutions.Hodge, G. A and Greve, C. (2007), Public–Private Partnerships: An International Performance Review, Public Adminis ...

privately held company A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is ...

, and

limited liability company A limited liability company (LLC for short) is the US-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of ...

that operates

PR-5 Puerto Rico Highway 5 (PR-5) is a main highway in the San Juan Metropolitan area which connects the cities of Cataño to Bayamón and is being extended and converted to a tollway (it has a toll plaza in Bayamón near PR-2 and PR-174) to access ...

and

PR-22 PR-22 (also part of unsigned Interstate PR2) is an long toll road in the north coast of Puerto Rico that connects the cities of San Juan and Hatillo. The road is also known as the ''José de Diego Expressway'' (Spanish: ''Expreso José de Diego ...

on behalf of the Puerto Rico Highways and Transportation Authority. The company is a consortium between Goldman Sachs and

Abertis Abertis Infraestructuras, S.A. () is a Spanish worldwide corporation engaged in toll road management. Even though most of the toll roads it operates in Spain are in Catalonia, the company is headquartered in Madrid. The company runs over 8,600 k ...

where Goldman Sachs initially served as

majority owner Ownership is the state or fact of legal possession and control over property, which may be any asset, tangible or intangible. Ownership can involve multiple rights, collectively referred to as title, which may be separated and held by different ...

through its Goldman Sachs Infrastructure Partners II infrastructure fund, while

initially served as minority partner and main operator. However, in February 2013 Abertis acquired 6% of Goldman Sach's equity, elevating its position as majority owner with 51% ownership. In late 2018 it was given a BBB rating by Kroll Bond Rating Agency (KBRA) and has a Concession Agreement with the Puerto Rico Highway Transportation Authority for

Puerto Rico Highway 5 Puerto Rico Highway 5 (PR-5) is a main highway in the San Juan Metropolitan area which connects the cities of Cataño to Bayamón and is being extended and converted to a tollway (it has a toll plaza in Bayamón near PR-2 and PR-174) to access ...

and

Puerto Rico Highway 22 PR-22 (also part of unsigned Interstate PR2) is an long toll road in the north coast of Puerto Rico that connects the cities of San Juan and Hatillo. The road is also known as the ''José de Diego Expressway'' (Spanish: ''Expreso José de Dieg ...

Notes

References

External links

* {{Department of Transportation and Public Works of Puerto Rico Highways in Puerto Rico Public–private partnerships in Puerto Rico

See also

Notes

References

External links