Infrastructure - SEPTEMBER 20, 2021

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Mexico Infrastructure Partners secures more than $1b for highway fund

by Kali Persall

Mexico Infrastructure Partners (MIP) last month issued its first investment trust in energy and infrastructure. Fibra E was placed on the Mexican Stock Exchange (BMV), raising MXN $22.1 billion ($1 billion).

Fibra E was the first energy and infrastructure investment trust to be placed after the divestment of three Development Capital Certificates and one Investment Project Certificate. It is also the first vehicle of its kind to be placed on the local stock exchange, after 15 months of no issuance on this market.

The capital raised will be used to invest in highway projects through concessions, contracts or schemes entered into by the public sector or individuals, according to MIP. The fund’s initial projects are the Palmillas, Río Verde, La Piedad, Kantunil highway concessions and the Acapulco Tunnel Concession.

“The placement of the new Fibra E from Mexico Infrastructure Partners shows us that the national market offers excellent investment alternatives i

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