Aleatica Accelerates Mexican Motorway Plans with COFIDES Support

Deal News | Jan 30, 2025 | Cia Espanola de Financiacion d

Aleatica Accelerates Mexican Motorway Plans with COFIDES Support

COFIDES has announced its collaboration with Aleatica in the construction of the Atizapán-Atlacomulco (AT-AT) motorway in Mexico, set to enhance regional connectivity and economic growth. Utilizing a loan of 60 million euros from its Fund for Foreign Investments and own resources, COFIDES will help finance Aleatica's equity in the AT-AT concessionary company. The project comprises a 77.2 km dual carriageway and several tunnels, linking Mexico City with Morelia and Guadalajara. Previously, COFIDES supported Aleatica in a similar Peruvian motorway project, demonstrating a robust partnership. COFIDES, a Spanish state-owned entity focused on international economic collaboration, considers this an opportunity to boost Mexico's infrastructure and foster economic development.

Sectors

  • Infrastructure Development
  • Financial Services
  • Transportation and Logistics

Geography

  • Mexico – The project's location, focusing on the construction of the Atizapán-Atlacomulco motorway to connect key Mexican cities.
  • Spain – COFIDES is a Spanish state-owned company, playing a significant role in the internationalization of Spain's economy through foreign investments.

Industry

  • Infrastructure Development – The article is centered on the construction of a major motorway in Mexico, involving significant design and construction provisions.
  • Financial Services – COFIDES is a financial institution providing the funding necessary for the project and is involved in investment and economic development.
  • Transportation and Logistics – Aleatica specializes in transport infrastructure, including motorways and airports, which are central to the project's goals.

Financials

  • 60M EUR – Loan provided by COFIDES from its Fund for Foreign Investments (FIEX) and own resources to finance Aleatica's equity investment in the AT-AT concessionary company.

Participants

NameRoleTypeDescription
AleaticaTarget CompanyCompanyAn operator of transport infrastructure, Aleatica is involved in the construction, operation, and maintenance of the AT-AT motorway.
COFIDESLenderCompanyA Spanish state-owned trading company providing financial support for international economic development projects.
Mexican Ministry of Infrastructure, Communication and TransportGovernmentGovernmentThe entity that awarded the federal highway concession for the AT-AT project.
IFM Global Infrastructure FundParent CompanyCompanyThe parent company of Aleatica, managing significant infrastructure investments globally.