Corporate Information

BEFORE AND AFTER THE TUNNEL

Before Túnel d’Envalira was built, there was only one link between Andorra and France: the mountain road that goes through Pas de la Casa and the Envalira Pass, with slopes of more than 8 per cent taking drivers to an altitude over 2.400 meters above sea level.

The dual necessity for further developing Andorra´s trade with France and offering new transport solutions to the Pas de la Casa/Grau Roig/Envalira area has long been discussed, and the idea of boring a tunnel was developed in Andorra during the late 1950s. In 1963, the Túnel d’Envalira preliminary design tender was announced.

Studies, research, alternative technical proposals and subsequent negotiations were conducted for years until, in June 1st 1999, FCC and NECSO (today ACCIONA) began construction work on the Grau Roig side of the massif; in August 2nd 1999, work began on the Pas de la Casa side.

Since completion of the tunnel and start of operations, numerous upgrades have been implemented to ensure Túnel d´Envalira complies with the highest safety European recommendations.

Today, thanks to Túnel d’Envalira, Andorra and France are connected by a high-standard transport link that provides drivers a fast, safe trip, saving time. In addition, communications between Pas de la Casa and the rest of Andorra are now permanent, even during severe weather conditions.

RELEVANT FACTS

  • 1963 – The Túnel d’Envalira preliminary design contract is officially announced and tendered. French engineers Semet and Phillip won the contract.
  • 1967 – Andorra’s Co-Prince Charles De Gaulle backs the project by highlighting the public interest of building Túnel d’Envalira.
  • 1968 – The French Government releases a draft research paper called “Liason routière permanente entre l’Andorre et la France”, stressing the need for the project.
  • 1979 – A meeting takes place in Paris, where developing the project is taken into further consideration.
  • 1983 – The Andorran Government awards the first technical and economic feasibility and affordability report for the project.
  • 1985 – The route between Grau Roig and Pas de la Casa is approved.
  • 1992 – The Andorran Public Services Office tenders and awards the “Proyecto del Túnel d’Envalira y accesos. Anteproyecto de detalle” final design contract.
  • 1995 – The project is officially approved as a design, build, finance, operate and maintain (DBFOM) concession by the Andorran government.
  • 1997 – The Túnel d´Envalira DBFOM concession is provisionally awarded to a consortium comprised of by NECSO (today ACCIONA), FCC, BANCA REIG and BBV (today BBVA).
  • 1998 – The Andorran Government passes the bill “Ley para la construcción del Túnel d’Envalira mediante concesión administrativa” to enable to execution of the concession contract and the start of construction.
  • September 28th 1999: “Túnel d’Envalira, S.A.”, the concessionaire, is incorporated
  • October 2nd 1999: the concession contract is signed with Túnel d´Envalira, S.A.
  • 1999 – The Andorran Government approves the “Túnel d’Envalira y accesos. Proyecto constructivo básico” design package presented by the concessionaire.
  • June 1st 1999: beginning of construction works.
  • September 22nd 2002: The tunnel is inaugurated and opened to traffic.

ABOUT GLOBALVIA

Túnel d’Envalira S.A is part of the GLOBALVIA Group, global leader in the transport concessions sector. The company is among the Top 10 firms by number of concessions according to the worldwide ranking published in the specialized magazine Public Works Financing (PWF) in 2015.

Globalvia started its activity in January 2007, as a result of two Spanish companies’ interests in the infrastructure sector, FCC and Bankia. From 2011 till 2013, Globalvia began a fund raising process aimed to develop its concessions portfolio and the searching of future inversions. This capital came from three pension funds: OPTrust (Canada), PGGM (Netherlands) and USS (United Kingdom), which have finally invested 750 million euro through a convertible bond.

In August 2015, concurring with the sales process, the funds exercised their preferential acquisition right over the company’s shares. The full process then ended in March 2016 when OPTrust, PGGM and USS officially became in the new shareholders of the 100% of the company.

Globalvia currently manages 28 infrastructure projects among highways, railways, hospitals and ports. The company is present in 7 countries: Spain, Portugal, Ireland, Andorra, Mexico, Costa Rica and Chile, where it manages more than 1,500 Km of highways and more than 90 Km of railways, with a single objective: the efficiently operation of its assets.

 

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