Patria-Blackstone Win Sao Paulo Highway

Brazil’s Sâo Paulo state named Patria Investimentos, a Brazilian private equity fund, winner of an international auction for the 30-year DBFOM concession of a 574-km-long highway across the state. This was the first time a company other than a contractor has won a Brazilian road. U.S. Blackstone Group owns 40% of Patria.

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About Bill Reinhardt

Editor of Public Works Financing newsletter

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