IDB Invest funds railroad PPP in Uruguay

IDB Invest funds railroad PPP in Uruguay

Project & Infrastructure Finance Loans Debt Economy & Policy Uruguay

IDB Invest said it has approved a $500m financing package for the Ferrocarril Central railroad public-private partnership in Uruguay. The multilateral agency has agreed to arrange a 17-year, $440m senior loan and a subordinated loan for up to $60m with commercial banks and international lenders, IDB Invest said in a press release. Vía Central, a consortium with Sacyr and Saceem from Spain, NGE from France and the local firm Berkes, will build and operate 273km of railroad lines between Montevide

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial