Globalvia is investing Euro 1 billion (US$1.25 billion) in new brownfield transportation assets, financing its expansion with fresh capital provided by its shareholders, a trio of international funds composed by Canada’s OPT Trust, U.K.-based USS (Universities Superannuation Scheme), and Dutch pension fund PGGM. Its current portfolio has 1,600 km of highways and 90 km of railways.

One target is the U.S., where Globalvia has gained experience on the ground with the Pocahontas Parkway, completing a fully electronic toll system and stabilizing the once-troubled road.