Two consortiums have submitted their final bids to the Puerto Rico Ports Authority for the Luis Muñoz Marín International Airport project in Puerto Rico.

The project involves the operation and maintenance of the airport for a 40-year concession, as well as investing in the capital improvement of the airport. The authority will receive an upfront concession payment from the winning bidder which it will use to pay down existing debts.

Grupo Aeroportuario del Sureste and Highstar Capital formed one of the bidding consortiums and appointed Operis to provide financial model due diligence services.

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