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| Globalvia appoints new CEO  Globalvia, the Spain based infrastructure investor firm, has appointed Javier Pérez Fortea as the company´s new CEO. Juan Béjar, whom to date was Globalvia´s Chairman and CEO, will continue to be involved in the infrastructre investor firm as Chairman of the Board of Directors.Javier Pérez Fortea graduated as a Civil Engineer from Evansville University (Indiana, USA) and completed his financial education at the London Business School. Pérez joined Globalvia in July 2011 as its Corporate Development, Construction and O&M Director, and in March 2013 he was appointed Globalvia´s Corporate Managing Director. Globalvia´s new CEO begun his career in the construction sector as country manager for several Spanish construction companies such as OHL or Acciona in countries like Indonesia, the Philippines, USA and Jamaica. Subsequently, he was Cintra´s Highways Director for Spain, Europe and Chile having been involved in the management of the world´s largest toll road in terms of revenue: Toronto´s ETR 407 in Canada. Pérez, whose career is of a marked international character, takes Globalvia´s helm in the midst of a strong corporate expansion process. Globalvia has recently managed to close its fundraising that will enable the company to continue developing its concession portfolio and increase same via asset acquisitions. This fundraising was closed with a EUR 150 million commitment from pension fund USS (UK) and a EUR 100 million commitment from pension funds PGGM (Netherlands) and OPTrust (Canada), totaling EUR 350 million. This provides continuity to the agreement reached two years ago with PGGM and OPTrust and allows Globalvia to reach its target of raising EUR 750 million. The new financial resources will be utilized to increase Globalvia´s current portfolio through new acquisitions, mostly of brownfield assets. Globalvia therefore consolidates itself as a major player in the infrastructure sector, taking its management strategy to the next level in a market with numerous investment opportunities. Globalvia now initiates a new phase during which it will seek to continue its growth through the management and acquisition of roads and rail assets and to further internationalize its portfolio in selected OECD countries. Globalvia was incorporated in 2007 by FCC and Caja Madrid (today Bankia) in a 50/50 joint venture. The infrastructure investor is, as per the prestigious Public Works Financing Magazine, the world´s second largest in terms of transport infrastructure assets held. Today Globalvia manages 30 infrastructure assets in the roads, rail, ports, airports and hospitals sectors, although it will concentrate in roads and rail concessions for the next few years. write your comments about the article :: © 2013 Construction News :: home page |