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Cppib, Otpp And Ideal Expand Mexican Infrastructure Partnership | News | Ipe Ra

by realassets.ipe.com posted 8months ago 35 views
The partnership has agreed to invest in Pacifico Sur, a 309-kilometre toll road. : Canada Pension Plan Investment Board (CPPIB) and Ontario Teachers’ Pension Plan (OTPP) have extended their Mexican road infrastructure partnership with Impulsora del Desarrollo y el Empleo en América Latina, (IDEAL). The Canadian pensions institutions, together with IDEAL, have agreed to invest in Pacifico Sur, a 309-kilometre toll road. The trio joined forces in 2016 to buy Arco Norte, a Mexican toll road. Listed infrastructure firm IDEAL will retain a 51% ownership of the Guadalajara-Tepic highway concession (CAGT), the concessionaire of the Pacifico Sur toll road.

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