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National Infrastructure Fund capitalizes more than 15 billion pesos in the Perote – Xalapa Highway Concessionaire, SA de CV

May 28, 2024 /

Santamarina and Steta, SC, partner-led Sergio Chagoya and Diego Ostos, and by the senior associate Pablo Ortiz Monasterio, with the support of Karla Cordoba and Rebecca Chaidez, acted as external legal advisor to the National Bank of Works and Services, SNC, Development Banking Institution, in its capacity as Trust Institution of trust number 1936 called “National Infrastructure Fund”, in the capitalization of more than 15 billion pesos, through the subscription of 49% of the shares representing the capital stock of the commercial company called “Perote – Xalapa Highway Concessionaire”, S.A. de CV, holder of the concession granted by the Secretariat of Infrastructure, Communications and Transportation (formerly Secretariat of Communications and Transportation), dated February 14, 2008, for the construction, operation and maintenance of certain sections of the highway “Perote – Banderilla” and the "Xalapa Bypass” in the state of Veracruz, Mexico.

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