Question · Q3 2025
Jose Manuel Arroyo asked about the potential to leverage managed lanes like I-66 and 407 ETR for dividends exceeding free cash flow, and for clarification on how 407 ETR promotions contribute to customer segmentation.
Answer
CFO Ernesto López Mozo confirmed the possibility of relevering I-66 in the coming years and clearly for 407 ETR, with some exploration for other express lanes but no short-term news. He explained that 407 ETR's segmentation involves tailoring promotions (teasers) differently for infrequent users to encourage more travel versus heavy users, based on their understood travel patterns.