Rubicon Advises Grupo Mexicano de Desarrollo, S.A.B. on the Sale of its 100% Equity Stake in a Mexican Toll Road

MEXICO CITY, MEXICO, November 2^nd, 2021 – Rubicon Capital Advisors (“Rubicon”) is pleased to announce its role as the exclusive M&A advisor to Grupo Mexicano de Desarrollo, S.A.B. (“GMD”) on the successful sale of its 100% equity stake in Autopistas de Guerrero, S.A. de C.V. (“AGSA”) to Orion IEP, S.C. (“Orion”).

AGSA is responsible for the design, construction, financing, operation and maintenance of the 21.5km La Venta – Punta Diamante four-lane toll road located in the state of Guerrero, Mexico (the “Project”). The road provides the principal direct entry point to Acapulco from Mexico City and has been operating successfully since GMD developed the Project over 30 years ago.

Orion is a specialized Mexican fund that invests in stabilized infrastructure and energy projects in Mexico, with some tax advantages. The acquisition of AGSA represents the third transaction Orion has closed since completing its Fibra-E IPO in October 2020.

Rubicon has significantly increased its presence across the Americas with offices in New York, Mexico City and Bogotá, and as amply demonstrated by the successful closing in the past two years of over 15 transactions within the sustainable infrastructure and renewable energy sectors for projects located in the USA, Canada, Mexico and Colombia.

Santiago Ortiz Monasterio, Rubicon Managing Director and Head of Mexico, commented, “This transaction represents the fifth successful transportation-related closing for Rubicon in the Latin American region and, in particular, reinforces the firm’s credentials as a leading advisor in the Fibra-E space. We would like to extend our appreciation to GMD for their drive, commitment, and focus in successfully consummating this transaction amid the unprecedented challenges posed by COVID-19.”

“We were pleased to work with Rubicon strategically to leverage their diverse investor network and Mexican market-related expertise in successfully closing this transaction.” commented Diego Aviles, Co-CEO at GMD.

About Rubicon Capital Advisors

Rubicon is one of the world’s leading investment banking firms focused solely on the infrastructure, energy, digital & utilities sectors. With offices across Europe, the Americas and Asia, the firm has a truly global reach. Since its inception in 2011, Rubicon has closed on the sale, acquisition or refinancing of over 100 essential infrastructure, energy, digital & utilities assets located across Europe, North America, Latin America and Asia with a combined enterprise value in excess of $80 billion. The firm is regulated by the Central Bank of Ireland and its U.S. affiliate is a member of FINRA and SIPC and registered as a broker-dealer with the SEC. Learn more about the firm at: www.rubiconcapitaladvisors.com and by following Rubicon Capital Advisors on LinkedIn.

About GMD

GMD, with nearly 80 years of experience, is a leader in the development and operation of infrastructure projects with access to a diversified investment portfolio. It is engaged in the transportation, environmental and real estate sectors. Since 1942, GMD has carried out large-scale infrastructure works that have driven Mexico’s development.

For additional media inquiries, contact:
Nicola Fitzpatrick
T: +353 1 906 063
E: nicola.fitzpatrick@rubiconcapitaladvisors.com