- Odinsa Aguas is part of Odinsa’s growth and diversification strategy, which replicates the concession model the company has successfully consolidated in roads and airports, and expands its presence across the region.
- The new platform will focus on wastewater and industrial water treatment systems, water reuse, and desalination —particularly in areas with high water stress— to reduce demand on natural sources.
- As the starting point for the platform’s operations, Odinsa announced the signing of a share purchase agreement to acquire a Mexican company with extensive experience in the design, construction, and operation of wastewater treatment plants.
- Odinsa’s decision to venture into the water treatment and desalination business represents a concrete and decisive response to one of the greatest challenges of our time –climate change– by providing sustainable solutions that address both its causes and consequences.
Medellín, September 23, 2025. Odinsa, the concessions company of Grupo Argos, announced the creation of Odinsa Aguas, a water infrastructure investment platform that complements its road and airport operations. The entry into this new sector is part of the company’s diversification and growth strategy, aimed at replicating its proven concession model in the water sector. The platform will focus on two main areas: (i) wastewater treatment and reuse, with the goal of reducing pressure on natural water sources; and (ii) water desalination, for sectors such as mining and industry, especially in regions with high water stress.
Odinsa Aguas is aligned with the company’s growth and diversification strategy, which aims to expand into sectors with high potential that are consistent with its capabilities and investment criteria. In the medium term, the company expects to allocate more than USD 300 million to projects in Latin American countries such as Mexico, Chile, Peru, and Colombia, as well as other regions with high demand for water infrastructure and favorable conditions for long-term investment.
“With Odinsa Aguas, we bring our sustainable growth strategy to life, entering a new sector where we will deploy our corporate governance model, our experience in concession models, and our technical, legal, and financial capabilities,” said Mauricio Ossa, President of Odinsa.
Odinsa’s entry into the wastewater treatment and desalination business represents a concrete and decisive response to one of the greatest challenges of our time: climate change. In a global context where its effects are increasingly evident —such as water stress, ecosystem disruption, and pressure on freshwater sources— Odinsa Aguas invests in sustainable solutions that address both the causes and consequences under a concession model that ensures efficiency, innovation, and sustainability in resource management, from structuring to operation and maintenance.
The business will leverage Odinsa’s experience in long-term concessions and its proven capacity to structure, operate, and maintain complex assets. Its technical strength will be complemented by integrating specialized companies in wastewater treatment and desalination, allowing it to draw on their operational expertise from the outset.
As part of the platform’s creation, Odinsa has identified opportunities in countries such as Chile, Peru, Mexico, and Colombia, as well as in other regions worldwide. As a first step, the company announced the signing of a share purchase agreement with EPM Capital México and EPM LATAM, two subsidiaries of Grupo EPM, to acquire the Mexican company Tecnología Intercontinental S.A.P.I. (Ticsa), a company with more than 40 years of experience in the design, construction, operation, and maintenance of wastewater treatment and potable water plants. The transaction value (Equity Value) would reach up to MXN 1,598 million (approximately COP 335 billion at the current exchange rate), with an enterprise value of MXN 2,905 million (approximately COP 609 billion).
For the acquisition, Odinsa participated in an international sale process, typical of this type of transaction, led by a Mexican investment bank. The selection and analysis for the purchase were conducted under a structured process, led by Odinsa’s team with the support of external firms specializing in investment banking, legal structuring, and technical evaluation.
This investment allows Odinsa to strengthen its capabilities and accelerate its entry into the sector through the acquisition of a company with proven technical expertise. In the coming months, Odinsa and the two subsidiaries of Grupo EPM will work on fulfilling the precedent conditions required for closing and finalizing the transaction.
Through this new investment platform, Odinsa will continue to explore additional opportunities to create value through the development of infrastructure that enhances well-being, competitiveness, and generates multiple benefits for society.
For additional information:
- Viviana Arroyave, Communications Manager / varroyave@odinsa.com / +57 317 646 9218
- Eliana Villada, Communications Lead / evillada@odinsa.com / +57 301 250 5559
- Andrés Buriticá, Senior Consultant of Corporate Affairs, LLYC / buritica@llvc.global / +57 316 618 1423
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