Transportation

July 2017 - Sponsor advised by Astris is awarded a USD 224 Mn road PPP contract in Mexico

We are pleased to announce that Sacyr Concesiones, advised by Astris, was awarded the Piramides – Tulancingo – Pachuca highway conservation project, which covers 183 km between the states of Mexico and Hidalgo.

The SCT received a total of ten bids for the USD 224 Mn PPP regarding the modernization and maintenance of the highway over the next ten years. The project is among four conservation tenders launched by the Mexican government in the first half of 2017.

Astris will now work with Sacyr in the debt financing of the project, which is expected to close before the end of the year.

August 2016 - Consortium advised by Astris is awarded US$ 600m road project in Colombia

Vinci Concessions and Conconcreto, advised by Astris, logged the winning bid for the construction, operation and maintenance of the Bogota-Girardot toll road project in Colombia, initially developed as a private initiative. Astris will now continue working with the consortium on the financing of the project, slated to close in H2 2017. Astris has been advising the consortium in Colombia since 2013, where Astris has been almost continuously working since 2010. Execution of the mandate is coordinated between our offices in Bogota, Paris and Washington DC. 

December 2014 - Closing of the Circuito Interior Road in PPP in Mexico

Astris Finance is pleased to announce the successful financial closing for the US$200 Mn Circuito Interior PPP project (the “Project”). Astris was hired by “Operadora y Mantenedora del Circuito Interior” – OMCI a consortium led by Grupo Indi, and Hermes Infraestructura to act as financial advisor. OMCI was awarded the Project through a national public tender by Mexico City’s Government.

April 2012 - Sponsor Advised by Astris Closes Second Financing in Panama in a Row

Astris Finance is pleased to announce the successful closing of a USD 782m non‐recourse term financing facility for the Balboa Avenue Improvement Project developed by Construtora Norberto Odebrecht. This is the second project closed in Panama by Odebrecht, following the financing of the USD 176m Panama City Historic Heritage Preservation Project in November 2011.

March 2011 - USD 950m Astris-Advised PPP Bids Granted Preferred Bidder Status

Astris Finance is pleased to announce that Construtora Noberto Odebrecht, the construction arm of leading Brazilian developer Odebrecht, was appointed preferred bidder in connection with two construction projects to be developed under a PPP framework with the Government of Panama. Astris acted as bid stage advisor to Odebrecht.