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 M45 - Section I
 Concession details
 Location: Spain
 Concessionaire Company: Concesiones de Madrid
 Original stake: 25%
Stake sold in 2002
 Size of investment: €169 million
 Contract term: 2002 - 2032
 Toll system: Shadow Toll Motorway
 Project description: Design, construction, financing, maintenance and operation of section I of the M-45 road between the N-II and the O'Donnell artery, with a length of 14.1km. The contract is for a period of 30 years. The motorway opened to traffic in March 2002.
 Interesting facts: The M-45 was considered the best road in Madrid in terms of safety and flow in a survey carried out in 2003 by the Public Works, Town Planning and Transport Department of Madrid's regional government. It was also one of the first roads to use the "shadow toll" financing system, giving rise to legal studies on this system.

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