Highways BR-153/414/080/TO/GO concession
Sector: Road • Location: Brazil
Source: World Bank Group
The project entails the 35-year concession for 851km of Brazilian federal highways between Aliança do Tocantins and Anápolis, crossing the states of Goiás and Tocantins. The highways included in the project are: BR-153 from Aliança do Tocantins to Anápolis (624.1km); BR-414 from Assunção de Goiás to Anápolis (139.6km); BR-080 from Assunção de Goiás to Uruaçu (87km). EcoRodovias won the project at
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | active |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
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Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The project entails the 35-year concession for 851km of Brazilian federal highways between Aliança do Tocantins and Anápolis, crossing the states of Goiás and Tocantins. The highways included in the project are: BR-153 from Aliança do Tocantins to Anápolis (624.1km); BR-414 from Assunção de Goiás to Anápolis (139.6km); BR-080 from Assunção de Goiás to Uruaçu (87km). EcoRodovias won the project at auction in April 2021 and signed the concession contract in October 2021. It holds a 65% stake in the concessionaire with GLP owning the remaining 35%. The SPV - Ecovias do Araguaia, will upgrade 623km of the highways to dual carriageway over the lifetime of the concession, with investments over 35 years estimated at $2.8bn (BRL5.2bn). This will be split over 2 investment cycles: first cycle (358km of upgrades) - 2022 to 2031 and second cycle (265km of upgrades) - 2040 to 2046. The sponsors secured a $781m (BRL4.2 billion) limited-recourse debt package to finance initial capex for the toll road concession. The debt includes a $584.36m (BRL3.16bn) loan from BNDES, priced at IPCA + 770bps and maturing in September 2051; a $85.25m (BRL461m) loan from Banco da Amazônia, priced at IPCA + 251bps and maturing in July 2046; and $110.95m (BRL600m) of incentivized debentures, priced at IPCA + 666bps and maturing in July 2051. The notes will be used to finance capex over the first 2 years of the concession, with the BNDES loan drawn down thereafter. The Banco da Amazônia financing is specifically tied to upgrades in the state of Tocantins. Financial close took place on 19 July, 2022. Realfin https://www.marketscreener.com/quote/stock/ECORODOVIAS-INFRAESTRUTUR-6500958/news/Ecorodovias-Infraestrutura-e-Logistica-S-A-Earnings-Release-3Q22-42233256/ https://www.infomoney.com.br/mercados/ecorodovias-ecor3-obtem-linha-de-credito-de-r-42-bi-para-financiar-ecovias-do-araguaia/ https://www.ijglobal.com/articles/165862/ecorodovias-secures-highway-financing https://www.gov.br/antt/pt-br/assuntos/ultimas-noticias/antt-minfra-e-ecovias-assinam-o-contrato-de-concessao-da-153-414-080-to-go https://www.bnamericas.com/pt/noticias/bndes-fornece-linha-de-financiamento-de-us-695-milhoes-para-investimentos-em-rodovias |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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