Alfonso X el Sabio University (UAX), majority owned by the fund Cinven together with Mubadala, has managed to secure an investment of nearly 100 million euros to drive its future university campus in Málaga, known as "Mare Nostrum".
Of that overall amount, around 55 million euros come from Spanish Urban Development, a vehicle created to channel 210 million euros from the Fondo de Resiliencia Autonómica (FRA).
The transaction, which has had the advice of DC Advisory and continues to be pending regulatory authorizations and the usual conditions for its closing, has been structured through an "infrastructure-style" and "project finance" type financing scheme.
The development of Mare Nostrum has been designed in parallel and separately from the process of UAX’s purchase by Cinven from CVC, which has made it possible to configure its own financial structure, specifically tailored to the requirements of the new campus.
The future Andalusian headquarters of the UAX is being built on a plot of more than 27,000 square meters, where facilities will be erected designed to respond to the training demands of the area. The campus opened its doors in September 2025 and, with the start of the 2026-2027 academic year, has completed the second phase of its facilities.