Current version:   About the versions MAKE EMII.COM MY HOMEPAGE  
ETF
FX
1 
Current Page:1    

Goldman Group Bags Mexico Toll Roads

07-26-2007 | Source: LatinFinance.com

LatinFinance hears that Goldman Sachs Infrastructure Partners and ICA, Mexico’s largest construction firm, have won a $4.1 billion concession to run four toll roads in Mexico, after being named a preferred bidder by the Mexican government. Although, the Mexican government officially announces the winner August 6, people in the market say the Goldman consortium won with the highest of six offers presented. It bid MXP44 billion for the first package of toll roads to be awarded by Fideicomiso de Apoyo al Rescate de Autopistas Concesionadas (FARAC), a trust fund owned by the Mexican Government. The 30-year concession is to build, operate, exploit, conserve, and maintain four tollroads, which have a total length of 548km. The Goldman group trumped a bid from Australia’s Macquarie Infrastructure Group (MIG) and Carlos Slim’s Impulsora del Desarollo de America Latina (IDEAL) structured as a 60/40 partnership between IDEAL and MIG. Proposals from other bidders reported in the Mexican press include Brisa of Portugal, CCR of Brazil and Grupo Hermes, and three separate bids from consortiums led by Spanish firms OHL, FCC and Abertis. Goldman Sachs acted as financial advisor to the Goldman/ICA consortium.

1 
Current Page:1    


LatinFinance.com: Latin Finance is the only magazine examining cross-border finance and investment in Latin America and the Caribbean.

Print Article      Email Article      Comment on This

    

Search Articles

     Advanced search >>

Free Newsletters

10.253.1.6

Advertising | About Us | Site Map

Terms & Conditions | Privacy Policy

© 2007 emii.com