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Sacyr-led railway project obtains largest ever PPP financing in Uruguay

iStock.com/MarcosMartinezSanchez

Five Baker McKenzie LLP offices and Jiménez de Aréchaga, Viana & Brause in Montevideo have helped consortium Grupo Vía Central, led by Spanish constructor Sacyr, obtain the largest project financing ever in Uruguay – worth US$855 million – to fund a public-private partnership (PPP) railway project connecting Montevideo and Paso de los Toros.