Italy's F2i in talks with CDP over Atlantia motorway assets

Italian infrastructure fund F2i is in talks with state-backed lender CDP to become a key investor in a consortium working on a bid for the motorway assets of infrastructure group Atlantia, two sources said.

CDP and co-investors Macquarie and Blackstone are currently working on an offer to buy Atlantia’s 88% stake in motorway unit Autostrade per l’Italia, in a transaction that could end a political dispute over the future of the unit. 

Infrastructure fund F2i and other Italian institutional investors could join forces with CDP, allowing domestic suitors to have the majority of the vehicle that would buy Autostrade’s 88% stake, the sources said.