Clifford Chance

Clifford Chance advises Vauban on the acquisition of a 33.4% stake in Metro de Málaga from Infravia

Clifford Chance has advised Vauban on the acquisition of a 33.4% stake in Metro de Málaga from Infravia after having obtained the relevant authorisations from the grantor and the lenders.

Metro de Málaga is the concessionaire who built and operates lines 1 and 2 of the Málaga underground railway. The layout design of lines 1 and 2 of the Málaga Metro takes the form of an X and was created with the objective of enabling more than 200,000 residents of the most densely populated districts of the city to be within 500 meters of a station. Metro de Málaga is an environmentally sustainable method of transport aimed at responding to the Málaga citizens demand for mobility and to become a benchmark for public transport in the city.

This asset is embedded within Vauban strategy of investing in reliable transportation assets to ensure quality infrastructure conditions (including 5 toll roads and Line 9 of Barcelona underground) and complex social infrastructure (including courts and a prison), on which Clifford Chance has also advised.

The Clifford Chance team is led by corporate partner Guillermo Guardia, supported by associates Javier Hermosilla and Estel Casas. Partner José Luis Zamarro, counsel Carme Briera and associate Mónica Romero have advised on regulatory issues.