John Laing’s Acquisition of 21.15% Equity Interest in Concesión La Pintada S.A.S.

Philippi Prietocarrizosa Ferrero DU & Uría, Villegas Melo Abogados, Posse Herrera Ruiz, Paul Hastings, and Ashurst advised on the deal.

John Laing executed its acquisition from Construcciones El Cóndor S.A. of 21.15% of the equity interest in Concesión La Pintada S.A.S. (the SPV developing the 4G toll road project Pacífico 2), for approximately USD40 million.

John Laing Group plc is a British investor, developer and operator of privately financed, public sector infrastructure projects such as roads, railways, hospitals and schools through Public-Private Partnership (PPP) and Private Finance Initiative (PFI) arrangements.

Philippi Prietocarrizosa Ferrero DU & Uría acted as counsel to John Laing with Hernando Padilla (Partner; Picture), Carlos Padilla (Partner), Paula Buriticá (Associate), Pedro Arango (Associate) and Santiago Botero (Associate).

Villegas Melo acted as counsel to Construcciones El Cóndor with Beatriz Villegas (Partner) and Laura Sanin (Associate).

Posse Herrera Ruiz acted as Colombian counsel to Concesión La Pintada in connection with matters under the financing documents with Mariana Posse, Gabriel Sánchez (Partner) and Mauricio Nieto (Associate).

Paul Hastings acted as New York counsel to Concesión La Pintada in connection with matters under the financing documents with Robert Kartheiser (Partner) and Thomas Sines (Associate).

Ashurst acted as UK and Spanish counsel to John Laing with Manuel López (Partner), Jon Marina (Associate) and Lindsey Bouchara (Associate).

Involved fees earner: Lindsey Bouchara – Ashurst; Manuel Lopéz – Ashurst; Jon Marina Ochoa – Ashurst; Robert Kartheiser – Paul Hastings LLP; Thomas Sines – Paul Hastings LLP; Pedro Arango – Philippi Prietocarrizosa Ferrero DU & Uría; Santiago Botero – Philippi Prietocarrizosa Ferrero DU & Uría; Paula Buriticá Caicedo – Philippi Prietocarrizosa Ferrero DU & Uría; Hernando Padilla – Philippi Prietocarrizosa Ferrero DU & Uría; Carlos Padilla – Philippi Prietocarrizosa Ferrero DU & Uría; Mauricio Nieto – Posse Herrera Ruiz; Mariana Posse – Posse Herrera Ruiz; Gabriel Sánchez – Posse Herrera Ruiz; Laura Sanín Escobar – VM Legal; Beatriz Villegas – VM Legal;

Law Firms: Ashurst; Paul Hastings LLP; Philippi Prietocarrizosa Ferrero DU & Uría; Posse Herrera Ruiz; VM Legal;

Clients: Concesión La Pintada; Construcciones El Cóndor S.A.; John Laing plc;