Aleatica picks up project financing in Chile

Aleatica picks up project financing in Chile

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Spanish infrastructure company Aleatica has secured UF5.3 million ($205 million) in long-term project financing to build a toll bridge in central Chile, according to a securities filing. Sociedad Concesionaria Puente Industrial, a concessionaire owned by Aleatica, got the financing from local lenders BancoEstado and Banco Security to fund a UF6 million project in Greater Concepción, the third largest metropolitan area in Chile, it said in the filing. Construction is expected to take two years, t

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