A toll concession team led by Spain’s U.S. equity investment company ACS Infrastructure Development, Inc., with Israel’s Shikun & Binui and the UK’s InfraRed Capital Partners, took on and beat Cintra, the dominant demand risk tollroad developer in Texas.

On Feb. 26, their group, Blueridge Transportation Group, was declared apparent low bidder, at $820 million, for a DBFOM development agreement to build 2×2 median toll lanes on a 10.3-mile segment of SH 288 in Houston metro.