ISA acquires 4G toll road

ISA acquires 4G toll road

M&A Project & Infrastructure Finance Colombia

Colombia's ISA said it has agreed to buy the local toll road operator Concesión Costera Cartagena Barranquilla for COP500 billion ($147 million).The transaction, part of the state-owned holding company's plans to diversify its businesses by 2030, requires approval from the national infrastructure agency ANI, insurance companies and the banks that financed the toll road, ISA said in a statement.After the transaction, ISA said it will get 73% of its revenues from power lines, 23% from toll roads a

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