Odinsa, concessions company Argus Group, Y Macquarie Asset Management (MAM, announced the consolidation of their strategic alliance and the start of operations of their road infrastructure investment platform, each with a 50% stake.
(See: Second tunnel of La Línea: details of how the project would be).
This announcement is given after fulfilling the preceding conditions, among which it was required to carry out procedures before national authorities such as the Financial Superintendence, the Superintendence of Industry and Commerce and the National Infrastructure Agency; as well as before financiers, insurers, concessions and their shareholders.
For the creation of this new investment platform, the companies constituted the private capital fund Odinsa Ways. This fund has the shares of the Odinsa projects in Colombia: Pacífico 2, Aburrá Oriente Tunnel, Autopistas del Café and Malla Vial del Meta; in addition to its projects and initiatives in structuring: the expansion of the east tunnel, in Antioch; Perimeter of the Savannah, in Cundinamarca; Y Center Connection, in the Coffee Region.
(See: Actions to guarantee progress of the transport infrastructure).
“We are excited to expand our presence in the region and invest in high-quality infrastructure assets that provide essential services to their communities. In Odinsa we have found a great partner and we hope to work together to strengthen the road infrastructure in Colombia and the region.”, said Karl Kuchel, CEO of Macquarie Infrastructure Partners.
Macquarie, as announced, will contribute his global experience in the road sector to continue strengthening the results of current and future projects.
(See: Inputs for road construction register their highest rise in 10 years).
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