Sao Goncalo do Amarante Airport

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In August 2011, Consorcio Inframerica was awarded in a competitive bidding process the contract to build and operate the airport located at the city of Sao Goncalo do Amarante (near Natal, the capital of the state of Rio Grande do Norte). Consorcio Inframerica was established as a partnership of the Brazilian company Infravix Participacoes (50%) - a subsidiary of Grupo Engevix - and the Argentine company Corporacion America (50%). A special purpose company named Inframerica Concessionaria do Aeroporto de Sao Goncalo do Amarante was created to manage the project, 51% owned by Consorcio Inframerica and 49% owned by the state-owned company Infraero. The 28-year contract was signed with the regulatory agency in November 2011. Besides Consorcio Inframerica, three other companies took part in the contest: Consorcio ATP-Contratec, Consorcio Aeroportos Brasil and Aeroleste Potiguar (a partnership of the Brazilian company Triunfo and the Spanish company FCC). The bidding criteria set by the regulatory agency ANAC was the highest payment for the concession rights. Consorcio Inframerica presented the highest offer, a total value of US$ 104.2 million (BRL 170 billion), 329% above the minimum set by the regulatory agency. The payments were set to be made in annual installments over the life of the contract. The airport was set to have a total capacity of 6.2 million passengers per year. The total investment in the project was estimated at US$ 205 million (BRL 400 million), and was financed with a US$ 169 million (BRL 330 million) loan from the state-owned bank BNDES granted in December 2012. Commercial operations commenced in May 2014.