(Lawfuel) New York – May 19, 2008 – Debevoise & Plimpton LLP is advising a team led by Citi Infrastructure Investors and Abertis Infraestructuras with Criteria CaixaCorp investing alongside this team as a major shareholder of Abertis in the $12.8 billion binding bid for a 75-year lease of the Pennsylvania Turnpike. The winner was announced today at a press conference in Harrisburg, Pennsylvania by Governor Edward G. Rendell.
Citi Infrastructure Investors is an investment center within Citi Alternative Investments, a division of Citi, which invests in mature, core infrastructure assets, largely in North America and Western Europe. Abertis Infraestructuras, which has been joined by its major shareholder Criteria CaixaCorp in this effort, manages transport and communications infrastructures in five segments: toll road concessions, airports, parking garages, logistics parks, and telecommunications. Criteria CaixaCorp is Abertis’ major shareholder as well as an active investor in different areas such as financial institutions, energy, insurance, water supply, etc. Debevoise & Plimpton LLP is a leading international law firm with offices in New York, Washington D.C., London, Paris, Frankfurt, Moscow, Hong Kong and Shanghai.
The Debevoise team is led by partner Ivan E. Mattei and includes partners Craig A. Bowman and Burt Rosen, counsel Emilie T. Hsu and Alicia C. McCarthy, and associates Lucy Xi Cheng, Paul J. Epstein, Steven Huntzinger, David S. Lebolt, Serge Mezhburd and Harry Zirlin.