Infrastructure

Colombian President Iván Duque announced an agreement was reached with Caisse de dépôt et placement du Québec (CDPQ) through the National Development Bank (FDN) for more than US$1b  for infrastructure works.

Impulsora del Desarrollo y el Empleo en América Latina (IDEAL), CPPIB and Ontario Teachers expand a Mexican infrastructure partnership with an agreement to invest in Pacifico Sur, a 309 km toll road in Mexico. The investment is an expansion on the original acquisition of Arco Norte, a Mexican toll road, in 2016.

KKR listed a US$500m CERPI on Mexico’s BMV to invest in private capital, energy, and infrastructure projects in Mexico and abroad. KKR plans to make between six to twelve investments with its debut CERPI.

BlackRock México Infraestructura III raised a $MXN500m Cerpi in the Mexican Stock Exchange (BMV). The vehicle will invest in energy projects, transportation, water, and social infrastructure such as hospitals in Mexico, Chile, Colombia, and Peru.

Fondo de Fondos has listed a new CKD vehicle on Mexico’s BMV for up to MXN$4 billion. The CKD will invest private equity funds and projects targeting the infrastructure and renewable energy sectors.

GTIS Partners announced that it will expand into infrastructure investing in Brazil. Eduardo Klepacz, formerly CEO of Cubico Brazil, one of the country’s largest renewable energy generators, will lead GTIS’ new team based in Sao Paulo.

Allianz Global Investors made an investment into the term refinancing of El Encino – La Laguna pipeline, an operating natural gas pipeline of more than 476 kilometers in central Mexico, sponsored by Fermaca. The refinancing structure amounted to more than US$800m of credit facilities, including a US$255m fully amortizing bank term loan and a more than 20-year fully amortizing US$450m bond. This transaction is the first investment under AllianzGI Infrastructure Debt’s expansion into Latin America initiated in 2018.

Mexico Infrastructure Partners (MIP) is expected to list a CERPI (Certificado de Proyectos de Inversión) on the Mexican Stock Exchange (BMV) to invest in energy and infrastructure projects in Mexico,…

Brazil’s BTG Pactual is reportedly targeting between US$1.5b and US$2b in capital commitments for a new infrastructure fund, which will invest mainly across Latin America and opportunistically in Western Europe. …

Ainda Energía & Infraestructura has listed a MXN$4.4b (US$236m) CKD vehicle on the Mexican Stock Exchange (BMV) with the intent of funding energy and infrastructure projects in Mexico.  (El Economista) Ainda…