Press Release

Brigard Urrutia advised Actis in obtaining a JPMorganChase loan to finance part of the acquisition of a portfolio of three strategic highway concessions in Colombia.

This portfolio adds 416 km of key roads for the country's connectivity:
• Unión Vial Río Pamplonita (Pamplona – Cúcuta, 123 km)
• Road to the Sea Development (Autopista al Mar 1, 181 km)
• Union del Sur Road Concessionaire (Rumichaca – Pasto, 112 km)

The transaction is part of the global agreement through which Actis, a leading investor in emerging markets in sustainable infrastructure, will acquire from Sacyr a portfolio of operational toll roads in Colombia, with a total value of US $1.6 billion. This acquisition, made through its Long Life Infrastructure Fund 2 (ALLIF2), marks the launch of Actis' first road concessions platform in Latin America.

The portfolio, comprised of three concessions valid until the mid-2040s, reinforces Colombia's position as an attractive market for international infrastructure investment, supported by a strong regulatory framework and a history of foreign capital participation.

Brigard Urrutia advised on this transaction by three teams:

• The Banking and Financial Services area, led by partners Sebastián Lora and Maria Fernanda Diago, together with associates Juan Sebastián Mejía González and Jordi Enrique Buitrago-Soetendal, who accompanied the acquisition of the concessions and advised on the financing granted by JP Morgan Chase.

• The M&A area, led by the Sergio Michelsen partner and the Angela Garcia Paez director and associates Natalia Castiblanco Carranza and Manuela Rivas.

With this transaction, Brigard Urrutia reaffirms its leadership in the monitoring of strategic operations in the infrastructure, banking and financial sectors, contributing to the development and consolidation of projects that strengthen the country's competitiveness.

A transaction that promotes infrastructure development and regional integration in Colombia.