Portobello Capital completed the acquisition of a 75% stake in infrastructure services business from Ferrovial for $274m.

Portobello Capital, a private equity firm, completed the acquisition of a 75% stake in infrastructure services business from Ferrovial, a company involved in the design, construction, financing, operation and maintenance of transport infrastructure, for $274m. “This operation represents a new step forward in our Horizon 24 strategic plan, focused on the development of sustainable infrastructures to continue creating value for our shareholders, the company's stakeholders and the communities in which we operate. We are convinced that sharing this project with Portobello will bring enormous benefits to clients and professionals of Infrastructure Services," Ignacio Madridejos, Ferrovial CEO.