THE MADRID regional government has selected a consortium of Madrid Metro, the Caja Madrid bank and bus operator Alsa as preferred bidder for a 30-year concession to operate and maintain the light rail route currently under construction between Pinar del Chamartín and Las Tablas (RG 7.06 p377). The winning bid was €254m.

A second concession covering the routes from Colonia Jardín to Pozuelo de Alarcón and Boadilla del Monte, now 75% complete, has been awarded to a consortium of OHL, Comsa, Transdev and risk capital fund AC Desarrollo. Its winning bid was €523m. n