ODINSA S.A. informs the constitution of a company called ODINSA AEROPUERTOS S.A.S., domiciled in Medellín (Colombia) and whose main corporate purpose is the study, design, planning, realization, construction, financing and exploitation, by itself, in association with, or investing in, third parties, of all the activities and works of engineering, architecture and operation, in all its manifestations, modalities and specialties, inside or outside the country,
whatever the nature or form, including, but not limited to, concessions, public-private partnerships, “Design, Construction, Operation and Transfer” contracts and construction or public works contracts that include the obligation to finance; and the investment, in any capacity, of its own resources in other legal persons, Autonomous funds or assets, to develop the activities indicated above, in order to obtain profitability.
The participation in the new company will be direct (100%), with an initial investment of twenty million pesos (COP20. 000,000) which will be paid in accordancewith the provisions of the Articles of Association.
The constitution of this company is part of the process of creating the structure of the airport asset investment platform in Colombia and the region that, as reported on September 2-9, was agreed with Macquarie Asset Management (MAM), one of the largest infrastructure managers in the world, for the sale and contribution of its shareholdings in airport concessions in Colombia and Ecuador to the aforementioned platform. This process
will also include the creation of a private equity fund in which Odinsa and MIP Cinco Transporte Iberoamérica S.L.U. will participate. , a subsidiary of Macquarie Infrastructure Partners V, a private infrastructure fund focused on the Americas managed by MAM and whose professional manager will be Odinsa.
The creation of the joint investment platform is subject to compliance with precedent conditions and the obtaining of the corresponding government authorizations in both Colombia and Ecuador.