Bogotá-Girardot motorway in Colombia: VINCI Highways acquires a majority interest in Via 40 Express and finalises the project's long-term financing

19. 04. 2023 - 18:30 - Akquisitionen - Kolumbien

• VINCI Highways will hold a 75% controlling interest in Via 40 Express's concession
• It has finalised long-term financing in a total amount of approximately €535 million
• It continues to upgrade the entire Bogotá–Girardot motorway

VINCI Highways, a VINCI Concessions subsidiary, has concluded the acquisition from its Colombian partner Constructora Conconcreto of an additional stake in Via 40 Express (the company that operates the Bogotá–Girardot motorway concession). VINCI Highways has thereby acquired a controlling interest in Via 40 Express (increasing its holding from 50% to 75%), which will henceforth be fully consolidated in the VINCI Group's financial statements.

Concurrently, VINCI Highways finalised the long-term financing of Via 40 Express for an amount of 2,675 billion Colombian pesos (€535 million). The operation is divided into a 1,775 billion peso (approximately €355 million) long-term tranche maturing in 12, 15 and 20 years and a 900 billion peso (approximately €180 million) revolving credit facility. This is one of the largest financial transactions in Colombia's infrastructure sector.

The Bogotá–Girardot motorway is the busiest in Colombia. Under a concession contract including a traffic level risk signed in 2016, VINCI Highways operates the motorway and is fully revamping it, through Via 40 Express. This includes construction of a third lane over a 65 km stretch to increase the motorway's capacity and meet growing demand. The first sections of this new lane will open to traffic by the end of 2023, and the last are due to be completed in 2026.

About VINCI Highways
VINCI Highways, a VINCI Concessions subsidiary, is a leader in road concessions, operations and mobility services. We design, finance, build and operate motorways, bridges, tunnels, urban roads and digital mobility services on a network of more than 4,000 km in 15 countries. VINCI Highways leverages its expertise to deliver the highest performance and safety standards and treat drivers to a positive experience.

 

Über uns
VINCI ist als weltweit führendes Unternehmen in den Bereichen Konzessionen, Energie und Bau und beschäftigt 280.000 Mitarbeiter mit Präsenz in mehr als 120 Ländern. Zu unserem Leistungsspektrum gehören Planung, Finanzierung, Bau und Betrieb von Infrastrukturen und Einrichtungen, die zur Verbesserung des Alltags und der Mobilität der Menschen beitragen. Erfolg bedeutet für uns, dass die Gesamtleistung stimmt. Dazu zählt unser Engagement zugunsten der Umwelt sowie der sozialen und gesellschaftlichen Performance unserer Unternehmensbereiche. Da die Leistungen des Konzerns sich durch ihren Nutzen für die Allgemeinheit auszeichnen, betrachten wir den Dialog mit allen Beteiligten und ein offenes Ohr für deren Belange als unerlässliche Voraussetzung unserer Tätigkeit. Unsere Ambition ist es, für unsere Kunden, Aktionäre, Mitarbeiter, Partner und die gesamte Gesellschaft auf Dauer Wert zu schaffen.