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  • Globalvia Announced as Preferred Bidder for Pocahontas Parkway

    17 October 2016

    On October 5, 2016, Globalvia was named as the preferred bidder to acquire 100% of the shares in the Pocahontas Parkway concession from Macquarie.

    Pocahontas Parkway is a four-lane 14.2km toll road located in the state of Virginia, USA. The concession for this US motorway ends in 2105 and links the south of Richmond to other highways like the Interstate 95 and 295.

    Prior to bids being submitted, Operis carried out a review of the financial model used to price and structure Globalvia’s bid.

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