Grupo Vía Central’s Financing For a Uruguay Central Railway Line


Baker McKenzie advised consortium Grupo Vía Central S.A. on the financing for the construction of a Uruguay Central Railway line.

Grupo Vía Central will handle the construction, rehabilitation and maintenance of the 273 kilometers of railway lines linking the port of Montevideo to the city of Paso de Los Toros.

The consortium is comprised of Spanish company Sacyr Concesiones, S.L., French company NGE Concessions S.A.S.U. and Uruguayan companies Berkes Construcción y Montajes S.A. and Compañía Sudamericana de Empresas Eléctricas, Mecánicas y de Obras Públicas S.A. – SACEEM.

The project is part of a Public-Private Partnership between the Ministry of Transportation, Public Works of Uruguay and Grupo Vía Central. Project lenders included CAF and Inter-American Development Bank.

The Baker McKenzie team was led by partner Margarita Oliva (Picture) and associate Cristobal Larrain and included Rafael Berckholtz, Michelle Pfeffer and Carlos Suarez.

Involved fees earner: Rafael Berckholtz Velarde – Baker McKenzie; Cristobal Larrain – Baker McKenzie; Michelle Pfeffer Nuñez – Baker McKenzie; Margarita Oliva Sainz de Aja – Baker McKenzie; Carlos Suarez – Baker McKenzie;

Law Firms: Baker McKenzie;

Clients: Berkes Construcciones; Compañía Sudamericana de Empresas Eléctricas, Mecánicas y de Obras Públicas S.A.; NGE SAS; Sacyr S.A.;

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Author: Ambrogio Visconti