•The operator wins the tender to continue operating Autopista Fluminense with a new contract that includes an investment plan (aprox. 500 million euros over seven years) to improve mobility and a tariff adjustment as a result of the new investments, along with a 21-year extension.

•José Aljaro, CEO of Abertis, highlighted that “this operation represents a key opportunity for Abertis by extending a strategic asset and strengthening our position as a leader in Brazil, where we manage more than 3,000 kilometers of highways, a significant part of Abertis’ total network of 8,000.”

•Arteris, Abertis’ subsidiary in Brazil, has been the largest investor in the federal highway concession program in the last decade.

São Paulo, 12th November 2025 – Arteris , a subsidiary of Abertis and one of the largest highway operators in Brazil, has won the tender published by the National Land Transport Agency (ANTT)—under the Ministry of Transport of the Government of Brazil—to continue operating the BR-101/RJ Norte highway until 2047, through its concessionaire Autopista Fluminense. This project represents a strategic opportunity for Abertis by extending a relevant asset in its portfolio, securing long-term revenues, and optimizing its financial structure in the country.
Arteris has operated the BR-101/RJ Norte since 2008, a key 322 km-asset that connects Rio de Janeiro with metropolitan areas, serving 9.4 million inhabitants in 13 municipalities of Rio de Janeiro, responsible for 18% of the state’s Gross Domestic Product (GDP).

The new contract, which does not include an upfront payment to the granting authority (ANTT), establishes significant contractual modernization for the concessionaire, including a tariff adjustment and a new concession term of 21 years, until 2047, as well as minimal exposure to traffic fluctuations. To improve mobility, road safety, and user flow, the company will execute capex of approximately 500 million euros over seven years, financed through project cash flow and debt.Thanks to this renewal, Abertis strengthens its position in one of its key markets, contributing to the company’s growth and cash flow replacement strategy, with a diversified portfolio able to selectively source high-quality assets through M&A, and extensions of existing concession, lengthening the Group’s concession life. In recent years, Abertis has successfully renegotiated the extension of nearly 70% of the EBITDA of its concession portfolio.
José Aljaro, CEO of Abertis, highlighted that “this operation represents a key opportunity for Abertis by extending a strategic asset and strengthens our position as a leader in Brazil, where we manage more than 3,000 kilometers of highways, a significant part of Abertis’ total of 8,000 km. With this, we provide stability to the Group and demonstrate our ability to extend current concessions, maintaining a balanced portfolio.”

Arteris, leader in infrastructure management in Brazil
Arteris is the leading company specializing in highway management in Brazil, managing nearly 3,200 kilometers in the states of São Paulo, Minas Gerais, Rio de Janeiro, Santa Catarina, and Paraná, connecting people and facilitating freight transport between some of the country’s most important economic hubs. It manages the federal concessions Litoral Sul, Planalto Sul, Régis Bittencourt, Fernão Dias, and Fluminense, as well as Intervias and ViaPaulista, which are concessions of the State of São Paulo. Additionally, the company, which employs more than 4,000 people in the country, has been the largest investor in the federal highway concession program in the last decade.

• Press release