ALEATICA INFORMS ON THE EXECUTION OF THE SECOND AMENDMENT TO THE CONCESSION TITLE FOR THE CONSTRUCTION, EXPLOITATION, OPERATION, CONSERVATION AND MAINTENANCE OF THE “PUEBLA ELEVATED HIGHWAY (LIBRAMIENTO ELEVADO PUEBLA)”.
Mexico City, February 1, 2024. In connection with the Concession Title for the construction, exploitation, operation, conservation and maintenance of the elevated viaduct under state jurisdiction over the Mexico-Puebla federal highway, with a length of 15.3 km, from km 114+000 to km 129+300, in the metropolitan area of Puebla (the “Libramiento Elevado Puebla”), dated August 18, 2014 (the “Concession Title”), granted by the Government of the State of Puebla, whose holder is Libramiento Elevado de Puebla, S.A. de C.V. (the “Concessionaire”), a subsidiary company of Aleatica, S.A.B. de C.V. (“Aleatica” or the “Company”), Aleatica informs the public that:
On this date, the Concessionaire and the Government of the State of Puebla executed the second amendment to the Concession Title (the “Second Amendment”) which amendment provides for, among others, the construction of works built to the highest safety standards that will significantly improve the efficiency of vehicular flow and connectivity both in Puebla and in the center of the country, and will contribute to the creation of jobs in the region.
Specifically, the amendments approved under the Second Amendment include, among others, the following matters:
- Construction of the Improvement and Interconnection Works. In order to meet the transportation needs in Puebla, the Second Amendment establishes the construction of certain “Improvement and Interconnection Works” for an estimated amount of 530 million pesos, consisting of two exits and one entry to the Libramiento Elevado Puebla that will provide better access to industrial zones, transit centers, and local roads. In addition, a one-time contribution of up to 45 million pesos and ongoing contributions of up to 5 million pesos per year from the Concessionaire were agreed upon for maintenance works on the road below the Libramiento Elevado Puebla.
- Extension of the term of the Concession Title. The extension of the term of the Concession Title by 30 years in addition to the original term in order to acknowledge the impact of various additional investments made and to be made by the Concessionaire and facilitate the recovery of such investments, including the guaranteed rate of return.
The amendments to the Concession Title approved under the Second Amendment do not affect the Concessionaire’s ability to fulfill its obligations under the Concession Title.
About Aleatica, S.A.B. de C.V.
Aleatica, S.A.B. de C.V. is positioned as a relevant transport infrastructure operator in the industry within the metropolitan area of Mexico City, both in terms of the number of concessions awarded and the miles of highways it manages. Aleatica, S.A.B. de C.V. currently builds, manages, operates and maintains 7 toll roads and one airport. The highways and related infrastructure are located in urban areas with high vehicular traffic in Mexico City, the State of Mexico and the State of Puebla. For more information, visit our website www.aleatica.com.
