CMB-Prime has acquired a portfolio of public ground transportation terminals
Inversiones Costa Azul has sold a portfolio of three public bus terminals to CMB-Prime Administradora General de Fondos S.A.
The three public bus terminals are located in the municipalities of Peñalolén and Puente Alto in Chile and have long-term lease contracts with the Ministry of Transportation and Telecommunications which, due to the strategic locations of the terminals, considers them highly relevant for Santiago public transportation system. These three terminals will be converted into electro terminals and will house more than 540 additional electric buses.
CMB-Prime is a leading infrastructure fund manager in Chile with more than 25 years of success investing in infrastructure across multiple sectors and geographies. The firm is regulated by the CMF (Comisión Mercado Financiero) and has an extensive track record in capital management, mainly for institutional investors.
Inversiones Costa Azul is a mirror company with real estate investments in STP Santiago (Servicio Transporte de Personas S.A.), which is one of the most important bus operators of the Red Metropolitana de Movilidad system of public ground transportation in Chile.
Oaklins’ team in Chile carried out a competitive process for the sale of a portfolio of three bus terminals with lease contracts with the Ministry of Transport and Telecommunications of Costa Azul. Among the pool of bidders were life insurance companies, investment funds and infrastructure funds.
Talk to the deal team
Related deals
Bolster Investment Partners has acquired a majority stake in Eternal Sun
Bolster Investment Partners, a Netherlands-based investment firm, has acquired a majority stake in Eternal Sun, a global technology leader in advanced solar panel testing equipment, from ABN AMRO Sustainable Impact Fund, a private impact fund based in the Netherlands, and Vermec, a Belgium-based investment firm.
Learn moreiwell raises US$31 million to deploy its leading European smart battery storage solutions into new markets
iwell, a developer of smart energy management (EMS) and battery storage systems (BESS), has successfully closed a US$31 million (€27 million) funding round. The round was led by Meridiam, with Invest-NL and Rabobank participating, alongside existing investors.
Learn moreLe Cercle has successfully completed its primary LBO in partnership with FrenchFood Capital and Bpifrance
Le Cercle, a pioneer in reusable meal trays and a leading catering company in the Île-de-France region, is entering a new phase of development with an investment from FrenchFood Capital and the support of Bpifrance. This transaction also marks the appointment of Nathalie Grand-Morin, currently managing director, as the new CEO of the company.
Learn more