Highstar Capital sale of 50% stake in Aerostar

Overview:

• Highstar Capital has sold 50% of its stake in Aerostar, operator of the Luis Muñoz Marín International Airport in San Juan, Puerto Rico.
• Aeropuerto de Cancún has purchased a 10% stake in Aerostar, increasing its ownership to 60%.
• Aerostar is a joint venture between ASUR and Highstar Capital.
• The LMM Airport is the first and only airport that has completed a PPP under the FAA Pilot Program.
• ASUR is a Mexican operator and developer of 9 airports.

Katrin Kostadinova - Data analyst