At the end of 2020, STOA became a shareholder of the project company entitled to carry out the São Paulo Metro Line 6 concession contract. By doing so, STOA strengthens its presence in Latin America and develops its activity in the public transportation sector. Moreover, this investment makes STOA the first financial investor to take a stake in the concessionaire company (Concessionaria Linha Universidade SA), holder of the 24-year concession contract signed with the State of São Paulo, for the design, financing, construction and operation and maintenance of this metro line.
The São Paulo Metro Line 6 is the largest public-private infrastructure project under construction in Latin America, valued at EUR 2.3 billion (BRL 15 billion).
What’s at stake
Promote sustainable mobility in Brazil
Once completed, São Paulo Metro Line 6 will serve more than 600,000 passengers per day. Line 6 will include 15 metro stations, running along a total of 15 kilometers. It will connect the center of the capital to the city’s northwest corner, crossing through several neighborhoods where some of São Paulo’s main universities are located.
The project aims to improve the travel time of the paulistas, relieve traffic jams on particularly congested roads and, in general, decarbonize the transport sector in São Paulo.
Foster a strong ESG management framework
Construction will be led by Acciona, Spanish international leader in the energy, water and infrastructure markets, while rolling stock will be supplied by the French industrial group Alstom. To this world-class pool of stakeholders, STOA brings its expertise in public-private partnerhsip structuring, notably for the purpose of securing a long-term financing for the project company.
STOA’s additionnality also transpires through the integration of a specific E&S action plan at the project company level (ensuring an alignment of the project with the IFC Performance Standards), a proactive role in the discussions with the potential lenders (in the aim to secure a long-term financing for the project), as well as a solid engagement with Acciona in the mobilization of other private investors to join the project.
Results in 2021
- 6,149 direct jobs supported by the end of 2021
Overall impact score of the project : 2,7 / 3
« Two arguments made STOA the right partner to pursue this landmark project. First, both STOA and Acciona prioritize ESG and sustainability standards. Secondly, STOA also is one of the few infrastructure funds fully focused on greenfield transactions. All in all, STOA is bringing the best practices to the project and adding value to the Line 6 project. »
Diego Marin Garcia, CEO – Acciona Concesiones
PASSENGERS / DAY
TEQ CO2 AVOIDED / YEAR 
JOBS CREATED IN CONSTRUCTION PHASE,
and 1,000 in the operation and maintenance period
Dernière mise à jour/Last update : 23/11/06