CDPQ to buy 45% stake in DP World Chile
Caisse de dépôt et placement du Québec (CDPQ), a long term institutional investor, through its investment platform with DP World, announced the acquisition of a 45% interest in DP World Chile, which operates terminals in Puerto Central and Puerto Lirquen. Located in San Antonio and Gran Concepción, the terminals serve Chile’s main consumption and industrial centres. The transaction will be executed at the same price as DP World’s acquisition of the asset in April 2019.
Two years ago, CDPQ partnered with DP World to create a US$ 3.7 billion platform to invest in ports and terminals globally. DP World holds 55% of the platform and CDPQ holds the remaining 45%. The two new assets in Chile join a portfolio of ports, which includes terminals in Vancouver and Prince Rupert in Canada, that are already owned by the platform.
Country updates
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April 29, 2019
Consortium led by Sacyr starts operations of Chacalluta Airport in Arica
The consortium led by Sacyr concessions has started the operations of the Chacalluta Airport located in the city of Arica, in northern Chile on April 25, 2019. The consortium includes Sacyr...
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April 11, 2019
Sacyr sells 49% of seven concessions in Chile to the Toesca Infraestructura fund
Sacyr, through its subsidiary Sacyr Concessions, has reached an agreement to sell 49% of its stake in seven concession assets in Chile to the investment fund Toesca Infraestructura SC. The agreement...
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April 08, 2019
USD 100 million Chile highway concession awarded
The Government of Chile has awarded the concession for the Santiago-Farallones Route G-21 highway project to the consortium formed by the companies Icafal and Conpax. This project is the improve...
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February 12, 2019
Abertis achieves US$230 million financial close of road PPP project in Chile
Abertis has reached financial close for its Interconexión Vial Santiago-Valparaíso-Viña del Mar, Route 68 road project in Chile. The project involves the developm...
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February 07, 2019
Brookfield agrees to sell 33% of Chilean toll road business
Brookfield Infrastructure Partners has announced that in January it agreed to sell up to 33% of its stake in its Chilean toll road business. The buyer has not been disclosed. The company is...
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