From success to impact: Our Infrastructure Debt team is shaping the future of infrastructure across the Americas. Stay tuned as we highlight recent transaction closings for the team, starting with a transformative toll road project in Colombia’s toll road network.
Serving as a vital transportation link between the Northwest of Colombia and the rest of the country, the Conexión Norte 4G toll road project drives regional economic growth while also improving access and opportunities for underserved communities. ACP participated as the sole investor in the USD120 million institutional tranche issuance for the Conexión Norte toll road concession in Colombia´s Antioquia region. This investment is part of the broader USD 537 million financing package for the project.
The project will significantly improve road connectivity to the Caribbean coast and its ports, reducing travel time for trucks by 6 hours from the economic hub Medellin to the coast city Cartagena. Travel time in surrounding municipalities will also be reduced, enhancing access for its inhabitants to commerce and essential services.
Conexión Norte is part of the toll road program led by the Government of Colombia and consists of the construction, expansion, and operation of 145km of newly and existing roads between major cities in the northwest of Colombia. The consortium is led by Grupo Ortiz.
This investment demonstrates the ability of our infrastructure pillar to provide effective solutions and underscores the ongoing commitment to leading the Latin American market and addressing the infrastructure gap in the region., This marks the team’s 3rd investment in Colombia, signaling the continued commitment to providing innovative, financing solutions across the country.
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