LUXEMBOURG, 10 June 2025:  Actis, a leading growth markets investor in sustainable infrastructure, has entered into an agreement to acquire a portfolio of operational toll roads in Colombia from Sacyr with a total transaction value of US$1.6 billion. The investments will come from Actis’ Long Life Infrastructure Fund 2 (ALLIF2) and mark the launch of Actis’ first Latin American toll roads platform.

The portfolio, which totals 416km of roads, consists of three toll roads in Northern and Western Colombia. Actis will acquire 100% of the Pamplona-Cucuta toll road, a 123km road completed in November 2024; a controlling stake in the 112km strategic Rumichaca-Pasto highway completed in 2023 connecting Colombia with Ecuador; and a co-control stake in Autopista al Mar 1, a 181km toll road connecting Colombia’s second largest economic hub with the Caribbean coast that was completed in 2023. Actis will acquire 100% of Sacyr’s stake for all three assets, which each have long-term concessions running until the mid-2040s.

Colombia’s toll road sector, which benefits from a favourable regulatory framework, has been open to investors since the 1990s and is now on its fifth round of concessions with a track record of international investment.  From a broader macroeconomic perspective, Colombia has demonstrated resilient growth and is one of the few OECD countries in Latin America.

The agreement to acquire this Colombian toll road portfolio builds on Actis’ roads investment programme in India, where since 2022 ALLIF1 and ALLIF2 have closed three transactions and signed another encompassing 10 operational roads (both Hybrid Annuity Model and toll road projects) worth close to US$1.2 billion of enterprise value.

The transaction is subject to regulatory approvals and closing conditions.