Globalvia selected as 2016 Company of the Year
Posted: October 28, 2016
OPTrust Investment Honoured by Canada-Spain Chamber of Commerce
MADRID, Oct. 28th, 2016 - Today the Canada-Spain Chamber of Commerce awarded Globalvia their 2016 Company of the year award.
Headquartered in Madrid, Globalvia is a concession management business that oversees a portfolio of highway and railway projects across Europe and the Americas. OPTrust has been an investor in Globalvia alongside two other pension funds since 2012.
The Canada-Spain Chamber of Commerce recognized Globalvia for its contribution towards enhancing closer collaboration between the business communities of Spain and Canada and for its efforts to improve the relationship between the two countries. The award recognizes the successful investment by OPTrust and our partners into Globalvia, to help further grow the business and reinforce its position as a leading player in its market.
OPTrust President and CEO Hugh O’Reilly attended the Canada Business Day Celebration at the Canada-Spain Chamber of Commerce where the award was presented.
“I am pleased to be here today with Globalvia to receive this award and congratulate them on their role in strengthening the relationship between Canada and Spain.” O’Reilly commented.
“As a global investor, OPTrust consistently seeks to strengthen our relationships in jurisdictions in which we invest. I thank the Canada-Spain Chamber of Commerce for this recognition.” O’Reilly said.
With assets of $18.4 billion, OPTrust invests and manages one of Canada’s largest pension funds and administers the OPSEU Pension Plan, a defined benefit plan with almost 87,000 members and retirees. OPTrust was established to give plan members and the Government of Ontario an equal voice in the administration of the Plan and the investment of its assets, through joint trusteeship. OPTrust is governed by a 10-member Board of Trustees, five of whom are appointed by OPSEU and five by the Government of Ontario.
For more information, contact OPTrust:
Manager, Public Affairs
Globalvia is a world leader in managing transport infrastructure with a portfolio of 28 assets in 7 countries and over 1,900 employees.
Established in 2007, its strategic objective is creating value for its shareholders through managing its asset portfolio in order to remain as a leading reference in the market of infrastructure management. Its target markets are OECD countries with special emphasis on Spain, European Union and North America.