Partner: PINFRA – One of the leading concession operating companies in Mexico, PINFRA is listed on the Mexican Stock Exchange (MCAP ~3 Bn USD) and holds 24 concessions for highways, bridges, port terminals and 1 electronic toll collection operation contract.
Fecha de cierre de la inversiÓn: July 31, 2019
Entrada en OperaciÓn: July 2, 2020ﾠ
Benefits: Improves connectivity and safety in the USMCA corridor.
Partner: ALDESA – Subsidiaria de China Railway Construction Corporation (CRCC), empresa líder en los sectores de ingeniería, diseño y construcción de ferrocarriles, autopistas, puentes, túneles y sistemas de transporte urbano masivo con ventas por ~$110 Bn USD.
Investment Closing Date: August 13, 2020
Expansion Start Date: January 2024
Benefits: Reduced travel time and increased user safety (less accidents).
Partners: Neology Inc - World leader in mobility, electronic tolling, compliance, security, and payment solutions technologies. Neology Inc has 50+ million tags in circulation, over 15 thousand toll booths operating worldwide, and over 50 thousand ALPR systems installed.
Investment Closing Date: December 22, 2021
Benefits: Provide greater electronic toll technology and legal compliance on highways and urban roads in Mexico and Latin America to increase efficiency, and thereby help operators achieve improved returns, while reducing traffic congestion and having a positive impact on citizens and the environment.
Hokchi Energy is a subsidiary of PanAmerican Energy, a leading Argentine company in the production of hydrocarbons with investments totaling $19 billion dollars. Hokchi Energy signed the hydrocarbon extraction contract with the CNH under the production sharing scheme for Contract Area 2, which was awarded during the second international public bidding of Round One. The contract is for the evaluation and development of the area Hokchi marina, located in the Salina del Istmo Basin, in the Gulf of Mexico, off the coast of the State of Tabasco.
Asset Purchase Agreement Signed: May 13, 2022
Operations Start Date: May 24, 2020
Benefits: Beneficios: Hokchi is an attractive shallow water hydrocarbon production field in an advanced ramp-up production process which will reach 33,000 boed.
Socios: Uno de los productores de energía más grandes internacionalmente con una capacidad instalada de más de 200 GW y AUM ~US$196BN.
La plataforma de SPIC con más de 1.3 GW de capacidad instalada en México
Investment Closing Date: April 4, 2022
Operations Start Date: April 2018 (Torreoncitos and Rancho el Trece) and July 2019 (Ahumada)
Benefits: Clean energy generation using the latest technology in an area of the country with abundant solar resources, with an active economy that creates energy needs in the long term and with sufficient transmission capacity to export energy to the RNT.
The estimated Net1 IRR of the portfolio in the third quarter of 2024 in a base scenario and Hold to Maturity is 15.93%, while under a scenario with upsides, exit in 2029 and subtracting the carry to the manager, the estimated IRR for investors would be 19.84%.
1. Net of expenses to date (issuance and placement, trust, project due diligence, administration fee and J curve) and before carried interest.
