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Infrastructure/PPP news in Colombia

MegaProject 1277: Bogotá Metro Company negotiating US$1.2 billion financing for PPP

MegaProject 1277: Bogotá Metro Company negotiating US$1.2 billion financing for PPP

🕔Jun 11, 2018

The Bogotá Metro Company (EMB) has announced that it has begun negotiating financing for the Line 1 PPP project with the World Bank and Inter-American Development Bank (IDB). The state-owned company is hoping to secure US$600 million from both financiers for the design, financing, construction, procurement, testing, commissioning, operation and maintenance of the first line of the Bogotá Metro.

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64 EOIs submitted for Bogotá metro

64 EOIs submitted for Bogotá metro

🕔Jun 4, 2018

Colombia's National Development Bank (FDN) has disclosed that around 64 companies have expressed interest in participating in the tender for the development of a metro line in the capital city, Bogotá. The projected value of the PPP contract is COP11.7 trillion (US$4.04 billion).

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MegaProject 1265: US$200 million financial close for Colombian road PPP

MegaProject 1265: US$200 million financial close for Colombian road PPP

🕔May 23, 2018

Colombia's national development bank, Financiera de Desarrollo Nacional (FDN) has announced that the Transversal del Sigla road PPP project has reached financial close. The project involves the rehabilitation of 137km of road linking Sisga to Aguaclara, running through the departments of Casanare, Boyacá and Cundinamarca.

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Cancelled river PPP project in Colombia back in development

Cancelled river PPP project in Colombia back in development

🕔Apr 19, 2018

The Ministry of Finance of the Government of Colombia has approved the new public-private partnership contract for the Magdalena River project, which was originally awarded in 2014 and cancelled last year.

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MegaProject 1239: US$470 million 4G road project in Colombia reaches financial close

MegaProject 1239: US$470 million 4G road project in Colombia reaches financial close

🕔Apr 12, 2018

APP GICA S.A. has obtained the financing necessary to achieve financial close of the Girardot-Ibagué-Cajamarca (GICA) road PPP projectAPP GICA was created by Constructora Colpatria, Mincivil, Termotécnica Coindustrial, Latinco and HB Estructuras Metálicas after they were awarded the concession contract in 2015.

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MegaProject 1237: RFEOI launched for multi-billion metro PPP in Bogotá

MegaProject 1237: RFEOI launched for multi-billion metro PPP in Bogotá

🕔Apr 10, 2018

The state-owned Bogotá Metro Company (EMB - Empresa Metro de Bogotá) and Financiera de Desarrollo Nacional (FDN), Colombia's development finance institution, have issued a Request for Expressions of Interest to parties interested in participating in the tender process to select a suitable partner to take responsibility for the preliminary studies, design, financing, construction, procurement, testing, commissioning, operation and maintenance of the first section of Line 1 of the Bogotá Metro.

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InfraRed to acquire 50% stake in Colombian road concession

InfraRed to acquire 50% stake in Colombian road concession

🕔Feb 12, 2018

InfraRed has signed a purchase and sale agreement to secure a 50% interest in the Ruta Al Mar concession, a 34-year concession for the design, construction, finance, operations and maintenance of a toll road project in Colombia.

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MegaProject 1098: US$560 million financial close for Colombian road PPP

MegaProject 1098: US$560 million financial close for Colombian road PPP

🕔Feb 6, 2018

The Bogotá-Villavicencio road concession has reached financial close with a financing package of COP1.6 trillion (US$562.86 million). The project involves the operation and maintenance of the existing 85.6km road linking Bogotá, the capital city of Colombia, to Villavicencio, to the south-east, in the department of Meta, and the construction of a 22.6km dual carriageway.

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ACS sells US$2.4 billion road concessions in Colombia

ACS sells US$2.4 billion road concessions in Colombia

🕔Jan 11, 2018

ACS has closed the sale of their stakes in two motorways in Colombia to their partner in both projects, Colombia-based Corporación Financiera Colombiana (Corficolombiana), operating through its subsidiary Episol. The roads concerned are the Conexión Pacífico 1 (Pacific Connection 1), to the south-west of Medellín, and the Mulaló-Loboguerrero motorway.

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MegaProject 1068: US$490 million financial close for Antioquia-Bolívar road in Colombia

MegaProject 1068: US$490 million financial close for Antioquia-Bolívar road in Colombia

🕔Dec 18, 2017

Financiera de Desarrollo Nacional (Financier of National Development, FDN) has announced the financial close of the Antioquia-Bolívar road PPP, which is located in Colombia. The total project investment amounts to COP1.47 trillion (US$490 million).

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IDB Group and FDN sign on Colombia investment

IDB Group and FDN sign on Colombia investment

🕔Nov 14, 2017

The Inter-American Development Bank (IDB) and Financiera de Desarrollo Nacional (FDN) have signed an agreement equivalent to approximately US$200 million to promote infrastructure investments in Colombia.

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MegaProject 1019: IIC to back Colombian 4G highway

MegaProject 1019: IIC to back Colombian 4G highway

🕔Sep 28, 2017

The Inter-American Investment Corporation (IIC) a member of the IDB Group is negotiating with the SPV behind the Santander de Quilichao - Popayán highway PPP to join lenders on the US$513-million financing package for the project.

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EOI for Colombian road PPP

EOI for Colombian road PPP

🕔Sep 22, 2017

The government of La Guajira has issued a request of Expressions of Interest (EOI) to invite companies to participate in the tender process for another road PPP project.

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Grupo Argos sells 50% of ports portfolio to Goldman Sachs

Grupo Argos sells 50% of ports portfolio to Goldman Sachs

🕔Aug 17, 2017

Grupo Argos, a Colombian infrastructure, energy and cement investor, has signed a share purchase agreement with West Street Infrastructure Partners III, investment fund managed by Goldman Sachs, so that the latter acquires 50% of the ports operator Compañía de Puertos Asociados (Compas).

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ANI cancels rail concession

ANI cancels rail concession

🕔Aug 11, 2017

Colombia's national infrastructure agency ANI has canceled a contract to repair and operate a 498-kilometer railway.

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WSP Announces Acquisition of LatAm firm Poch

WSP Announces Acquisition of LatAm firm Poch

🕔Jul 26, 2017

WSP Global Inc. has announced that it is pursuing its expansion in Latin America through the acquisition of Poch, a 730-employee professional services firm based in Chile. The firm has additional offices in Peru, Colombia and Mexico.

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MegaProject 966: ANI signs the contract for Cúcuta – Pamplona PPP road

MegaProject 966: ANI signs the contract for Cúcuta – Pamplona PPP road

🕔Jul 11, 2017

Colombia's National Infrastructure Agency (ANI), in presence of Juan Manuel Santos, President of Colombia, has signed  the concession contract for the Cúcuta – Pamplona highway​.

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Colombia to revive Antioquia rail service

Colombia to revive Antioquia rail service

🕔Jul 10, 2017

The government of Antioquia, Colombia's second major competitive region after Bogotá, has announced plans to revitalize its railway system with a public-private partnership (PPP) initiative.

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Colombia cancels Sacyr’s road PPP contract

Colombia cancels Sacyr’s road PPP contract

🕔Jun 2, 2017

The Colombian National Infrastructure Agency (ANI) has announced it has canceled the concession contract for the Puerta de Hierro - Carreto - Palmar de Varela & Carreto - Cruz del Viso Highway PPP project.

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BlackRock reaches final close on Colombian debt fund

BlackRock reaches final close on Colombian debt fund

🕔Jun 2, 2017

US-based asset management firm BlackRock has launched a US$280 million infrastructure debt fund that will invest in highways and other infrastructure projects in Colombia.

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