The consortium Yuma SA has secured a loan of COP400 billion (US$109.28 million), 16 months after signing the contract with the National Infrastructure Agency (ANI) and the Colombian Ministry of Transportation.
The loan was provided by the Italian banks Intesa Sanpaolo SPA and Banca Popolare di Sondrio FPA and guarantees the completion of construction works and financial consolidation.
Ruta del Sol 3 PPP project is part of the third generation (3G) projects of the National Government of Colombia and has an approximate extension of 465 kilometers. Overall, the project has created over 5,000 jobs in Bolívar, Cesar and Magdalena. Construction is expected to be completed by January 2025, which will allow the project to enter the operation and maintenance stage.
Country updates
-
-
June 08, 2021
Ashmore completes sale of stake in Colombian road PPP
Ashmore Management Company Colombia SAS, on behalf of Ashmore Andean Fund, LP and Fondo Ashmore Andino II, has announced the financial close for the sale of their 100% interest in Concesi&oa...
Read more -
June 04, 2021
Colombia awards substation and transmission line PPP
The Mining and Energy Planning Unit (UPME) in Colombia has selected Interconexión Eléctrica (ISA) for the new substation and transmission line concession. The 8-km long 2...
Read more -
June 03, 2021
Tender launched seeking consultant for Fusagasugá hospital PPP
National Planning Department in Colombia has launched a tender notice seeking a consultant to deliver technical, legal, commercial, economic, and financial pre-feasibility studies for the development...
Read more -
May 18, 2021
John Laing completes acquisition of 21.15% stake in Pacifico 2 road PPP
John Laing Group has completed the acquisition of a stake and achieved financial close on the Colombian road project. The company owns 21.15% of the Pacifico 2 road PPP project, located 20 kilometers...
Read more -
April 27, 2021
Sacyr issues US$209 mn bonds to refinance multimillion Road PPP project in Colombia
Sacyr Concesiones issues bonds for USD209 million to refinance the Montes de María roadway in Colombia.
Read more
