Bancomext to provide finance Altan Redes
The Government of Mexico has provided a financing structure with access to US$388.1 million for Altán Redes.
The financing structure includes a US$161 million loan granted by the Mexican development bank (Bancomext), with the remaining financing coming from the suppliers (US$166.6 million), shareholders (US$50.5 million) and customers (US$10 million).
Altán Redes is a telecommunication company based in Mexico, which is responsible for designing, developing, operating and marketing of the Red Compartida. This financing will allow Altán Redes to continue with the deployment of the shared network and the Internet for all program.
Country updates
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June 22, 2022
Contract awarded for USD614.80 million highway PPP project in Mexico
The National Bank of Public Works and Services (Banobras) has awarded the concession contract for Tepic-Compostela and Jala-Compostela-Las Varas highways to Mota-Engil México SAPI SA de CV in M...
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June 21, 2022
Mexico to provide funds for USD478.68 million rail line PPP project
State Government of Jalisco in Mexico has announced a commitment to invest MXN2 billion (US$102.26 million) in construction works for the light rail line 4 project in Tlajomulco de Zuñiga.
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April 08, 2022
Designers appointed for Binational River Park PPP project
Laredo City Council and Binational Technical Working Group in Texas, USA have selected a joint venture (JV) of Overland and Able City as technical consultants for the Binational River Park P...
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March 16, 2022
Tender issued for Tepic-Compostela and Jala-Compostela-Las Varas highways PPP project
The National Bank of Public Works and Services (Banobras) has launched a tender for the Tepic-Compostela and Jala-Compostela-Las Varas highways PPP project. The selected bidder will be responsible fo...
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February 23, 2022
Unsolicited Proposal for Tren El Bajío Rail project in Mexico city
TMSourcing, a service and consulting company, has sent an unsolicited proposal to the Federal Government for the development of the Mexico-Querétaro-León rail project know...
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