Annual Report 2015 > Abertis Group > Abertis in the world > Toll roads > Puerto Rico
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Puerto Rico

Abertis is one of the principal toll roads operators in Puerto Rico, through Metropistas, the concession holder exploiting the PR-22 toll road which unites San Juan with the city of Hatillo and is the busiest on the island; and the PR-5 toll road, which traverses the metropolitan area of San Juan as far as the Bayamón business area.

In addition, Abertis controls 100% of Autopistas de Puerto Rico (APR), the company holding the contract for construction, maintenance and operation of the 2-kilometre Teodoro Moscoso Bridge over the lake of San José, which has connected San Juan with Isla Verde since 1994.

These two concession holders have a total of 90 kilometres of toll roads in this USA free associated State.

The Puerto Rico division has shown improvements in its traffic figures and in economic scale, in spite of the present generally unfavourable economic situation in the country.

Metropistas has reinforced its financial position with the refinancing in December of 335 million dollars of debt, extending the due dates to 2022. This is an important milestone for the company as the transaction brings stability and financial tranquillity for the division and demonstrates the Group’s capacity to access the debt markets, even in countries where the markets are closed.

On the operative plane, Metropistas has completed 95% of its five-year investment plan, which involves an important process of operational innovation in its infrastructures. Since September 2015, 100% of the transactions in Metropistas take place through electronic devices.

Also it has completed the installation of a new free-flow toll gate which will come into service in early 2016 and is an improvement on the older electronic system. This is a joint project with ITS, the Abertis technology subsidiary, which contributed its know-how for improvements in the experience of Metropistas clients.

For its part, Autopistas de Puerto Rico (APR) has started up the new operation and maintenance plan for the Teodoro Moscoso Bridge, with improvements to security and control systems of the infrastructure.

The completion of the works for access to the Mall Of San Juan, located at the southern end of the bridge, enabled APR to close the year with an increase in traffic (4%), after falls in recent years. In 2016, the installation of new automatic machines for “all payment types” and the launch of a new website will offer users a much more flexible, rapid and efficient service.

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