InfraRed has signed a purchase and sale agreement to secure a 50% interest in the Ruta Al Mar concession, a 34-year concession for the design, construction, finance, operations and maintenance of a toll road project in Colombia.
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The Bogotá-Villavicencio road concession has reached financial close with a financing package of COP1.6 trillion (US$562.86 million). The project involves the operation and maintenance of the existing 85.6km road linking Bogotá, the capital city of Colombia, to Villavicencio, to the south-east, in the department of Meta, and the construction of a 22.6km dual carriageway.
Read moreACS has closed the sale of their stakes in two motorways in Colombia to their partner in both projects, Colombia-based Corporación Financiera Colombiana (Corficolombiana), operating through its subsidiary Episol. The roads concerned are the Conexión Pacífico 1 (Pacific Connection 1), to the south-west of Medellín, and the Mulaló-Loboguerrero motorway.
Read moreFinanciera de Desarrollo Nacional (Financier of National Development, FDN) has announced the financial close of the Antioquia-Bolívar road PPP, which is located in Colombia. The total project investment amounts to COP1.47 trillion (US$490 million).
Read moreThe Inter-American Development Bank (IDB) and Financiera de Desarrollo Nacional (FDN) have signed an agreement equivalent to approximately US$200 million to promote infrastructure investments in Colombia.
Read moreThe Inter-American Investment Corporation (IIC) a member of the IDB Group is negotiating with the SPV behind the Santander de Quilichao - Popayán highway PPP to join lenders on the US$513-million financing package for the project.
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