IFLR1000

Conexión Norte toll road PPP

4/8/2016
PPP, Project development, Project finance
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$ 250 million

Completed

4/8/2016

Overview:

  • Conexión Norte toll road PPP.
  • Concessionaire Autopistas del Nordeste has obtained $250 million to construct the Conexión Norte toll road on public-private partnership (PPP) basis. 
  • The 145km road will connect Remedios, Zaragoza and Caucasia in the Colombian jurisdiction of Antioquia.
  • The project is part of Colombia's fourth-generation (4G) Highways for Prosperity government concessions.
  • The lenders were Sumitomo Mitsui Banking, Financiera de Desarrollo Nacional, Bancolombia and Banco Davivienda.

Kurt Stumpo - Journalist

Jurisdictions:

United States
Colombia

Deal types:

PPP
Project development
Project finance

Practice areas:

Project finance
Project development

Industry sector:

Transport

Firms:
Brigard Urrutia

Party: Autopistas del Nordeste (Concessionaire)

Clifford Chance

Party: Sumitomo Mitsui Banking Corporation (Lender)

Party: Bancolombia (Lender)

Party: Banco Davivienda (Lender)

Lawyer: Fabricio Longhin

Holland & Knight

Party: Financiera de Desarrollo Nacional (Lender)

Lawyers: Enrique Gómez-Pinzón, Norberto Quintana

Milbank

Party: Autopistas del Nordeste (Concessionaire)

Lawyer: Carolina Walther-Meade

Philippi Prietocarrizosa Ferrero DU & Uría

Party: Sumitomo Mitsui Banking Corporation (Lender)

Party: Bancolombia (Lender)

Party: Banco Davivienda (Lender)

Lawyer: Juan Fernando Gaviria Guzmán

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