IDB Invest has provided a new US$250 million financing package for the Ferrocarril Central project in Uruguay.
The investment seeks to improve connectivity and integration of Montevideo, the capital, and interior regions of Uruguay. The financing consists of a senior line of credit through a fixed rate B bond.
The investment will be used to refinance the existing debt of the project, which was implemented under a Public Private Partnership (PPP) contract between the Ministry of Transport and Public Works of Uruguay and a special purpose vehicle Grupo Vía Central S.A.
Country updates
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May 18, 2022
Agreement signed for Don Joaquín daycare center PPP project in Egaña
The Ministry of Transportation and Public Works (MOTPP) in Uruguay has signed an agreement to finililze the construction of the Don Joaquin daycare center PPP. Located in Egana, the center will provid...
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May 09, 2022
Terna sells its Latin American power transmission activities to CDPQ
Terna S.p.A., Terna Plus S.r.l. and Terna Chile S.p.A. (subsidiaries of Terna Group) have signed an agreement with CDPQ for the sale of 100% of Terna Group's portfolio of power transmission assets in...
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February 15, 2022
Contract signed for Circuit 6 road PPP in Uruguay
The Ministry of Transport and Public Works has signed PPP contract with Grupo Cuchilla Grande SA for the development of the Circuit 6 road network on Route No. 6 and By-Pass San Ram&oac...
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January 28, 2022
Uruguay inks contract for Circuito 5 road PPP
The Ministry of Transportation and Public Works (MTOP) in Uruguay has signed the concession for the Circuito 5 project with Aldesa led consortium. The Autovías Cinco joint venture is formed by...
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November 11, 2021
Financial close achieved for road circuit 2 PPP in Uruguay
CAF, the development bank of Latin America, and its subsidiary CAF-AM Administradora de Activos Uruguay SA have signed the agreement to finance the Road Circuit Project No.2 in Uruguay. The project i...
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