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Announced

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Ullico completed the acquisition of a minority stake in Metropistas from Goldman Sachs.

Synopsis

Ullico, an insurance and financial services holding company, completed the acquisition of a minority stake in Autopistas Metropolitanas de Puerto Rico, the operator of PR-22 and PR-5 toll roads in Puerto Rico, from Goldman Sachs Infrastructure Partners. Financial terms were not disclosed. "Metropistas is a unique asset with a long history of performance and proven resilience to adverse weather and economic events. This is a core-plus infrastructure investment that provides strong value proposition to its customers and an opportunity to partner with a world class toll-road operator," Rohit Syal, Ullico Head of Acquisitions.

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