IRB is a leading toll road developer and operator in the Indian market, having developed the country’s first Build-Operate-Transfer (BOT) concession. Cintra has acquired 24.9% of the company for €369M through a preferential share issue.

As a result, we are now a significant minority shareholder with representation on the company’s Board of Directors. Our objective is to support the company’s development and share its extensive international experience in managing toll roads and analyzing new investment opportunities.

We contribute with our know-how as a company, to improve and optimize processes such as: ESG, Health Satefy & Wellbeing Policies. As well as improving the operation and maintenance processes. Optimize the performance of the assets and enhance the creation of value for the company, as well as to advise on strategic decision making. 

Investment in IRB fits perfectly with Horizon 24 strategic goal to make selective investments in new geographies in growth countries

IRB Infrastructure Developers History

IRB Infrastructure Developers is a leading toll road developer and operator in the Indian market, having developed the country’s first Build-Operate-Transfer (BOT) concession.

IRB is proud to be part of India’s transformation. For more than twenty years, the Company has reinforced its commitment with delivering large, technically complex projects across all geographical terrains in India.

Today, IRB Infra has privilege of delivering several firsts in India’s roads and highways infrastructure sector, such as, delivering first Build-Operate-Transfer (BOT) project, operating and maintaining India’s first expressway project; launching and listing India’s first Infrastructure Investment Trust (InvIT); first Indian Company in the sector to tap offshore bond markets and many more.