Latin America: Argentina awards road PPPs

18 June 2018 - 12:00 am UTC

The government of Argentina on 18 June (Monday) awarded its first projects tendered under the new PPP law.

The decision, published in the official journals, follows the recommendations of the evaluation commission.

The project winners are:

Corridor A: Paolini Hnos. – Vial Agro S.A. – INC SpA.
Corridor B: CCA Civil Panamá SA – Green
Corridor C José Cartellone Construcciones Civiles 
Corridor E: Helport – Panedile – Copasa – Eleprint
Corridor F: Helport – Panedile – Copasa – Eleprint
Corridor South: Rovella Carranza – JCR – Grupo Mota-Engil

The new SPVs now have six months to reach financial close, although it is possible to apply for a one-year extension.

The SPVs are already working with financial advisors to structure the deals. Inframation understands that sponsors are likely to finance the projects using a securitization instrument.