Prêmio Faz Diferença – Desenvolvimento do Rio (making a difference award - Rio's Development)
Invepar won Prêmio Faz Diferença (making a difference award), in the Rio’s Development category. In its 13th Edition, the award is an initiative of O Globo newspaper in partnership with the Industry Federation of the State of Rio de Janeiro (Firjan). "We worked with more than 25,000 workers to improve people’s daily lives. A public services company receiving this recognition is a sign that we are on the right track”, said Gustavo, when he received the award from the hands of Firjan’s vice-president, Carlos Fernando Gross, and the editor of O Globo newspaper, Gustavo Villela. Invepar’s recognition acknowledges the group’s work in the state, where it operates through the MetrôRio, Linha Amarela S.A. – LAMSA, Concessionária Rio-Teresópolis (CRT) concessionaires. The company also participates in three major ongoing projects: VLT Carioca, ViaRio and the acquisition of new trains and systems for Line 4 of the subway. The company is also strongly involved in social and environmental initiatives, through the Invepar Institute.
World Finance - Airport Deal of the Year 2014
Once again, the GRU Airport financing project was recognized with the Airport Deal of the Year award, given to Invepar and the concessionaire by World Finance, one of the world’s leading financial vehicles, based in London. The purpose of the award is to highlight, according to the publication, the “most impressive infrastructure projects in the world.” The analysis uses a series of criteria to ensure that the work was carried out responsibly at all stages and in all contexts. This time, the operation was awarded at the global level, unlike the previous awards, which highlighted the project within Latin America.
Latin Finance Infrastructure Finance Awards - Best Airport Financing
In September 2014, GRU Airport and Invepar were once again recognized for the financing project of Latin America’s largest airport. This turn, it was the Latin Finance magazine who granted the award. The entire process was considered a milestone for the development of Brazil’s transport infrastructure and a model for similar projects, particularly in the transportation area.
The winners are chosen by the editors of Latin Finance, based on industry analyses and information supplied market participants, including details of the transaction.
Latin America Airport Deal of The Year 2013
In March 2014, Invepar and GRU Airport received the 2013 Latin America Airport Deal of the Year award from Project Finance Magazine (Euromoney) for the financing project for Latin America’s biggest airport. The factors highlighted by the publication included: the structuring of the project under the non-recourse project finance model since the initial bridge loan; the fact that it was one of the biggest operations of its type in the Latin American transport sector in 2013; its pioneering status as the first long-term financing operation by a Brazilian airport concession; and the structuring of the operation, which grouped the BNDES, the private banks and the issue of infrastructure debentures under the same package of guarantees. The resulting financing will allow the development of the main investments in GRU Airport, including the construction of Terminal 3, new aircraft apron areas, the expansion of the airport’s commercial area, and a new garage building. The new Terminal 3 will have an initial capacity of 12 million passengers per year and 20 boarding bridges, as well as 34 new places in the apron areas.
Latin America PPP Deal of The Year 2012
The Project Finance magazine (Euromoney) granted to Invepar and Via Parque Rímac the Latin America PPP Deal of The Year 2012 award. The concessionaire obtained the greatest financing in Peru in 2012—an amount equivalent to US$520 million was fully raised in the Peruvian market, payable within 25 years. The project was awarded for being the first high-value operation not guaranteed by the Peruvian government and which combines bank loans from institutional investors, insurance companies and the Corporación Financiera de Desarrollo (COFIDE).
Deal of the Year 2012
Invepar received the Deal of the Year 2012 award from Latin Lawyer, one of the main international publications in Latin America’s Law area. The Company was awarded in the Regulatory category, for winning the concession of the Guarulhos International Airport, currently named GRU Airport. The concession was awarded due to its legal complexity and innovative aspect, for it is Brazil’s first large airport concession.
LatinFinance Infrastructure Finance Awards
On January 2013, Invepar Group, through its subsidiary CART, conduct an issue of debentures, part of them carrying special tax incentives, totaling R$750 million, repayable within 12 years. In the market’s opinion, the operation was a success—the demand was three times higher than the offer—and was recognized by LatinFinance, a renowned magazine in the international financial market, which granted the Group the Latin Finance Infrastructure Finance Awards, in the category “Best Infrastructure Financing”. CART’s operation was also the first to include the participation of foreign investors, which was pointed out in the award.
LatinFinance Infrastructure Finance Awards
The financing project of the concessionaire Via Parque Rímac was also winner of the Latin Finance Infrastructure Finance Awards 2013. The project was awarded in the category "Best Infrastructure Finance - Andean Region" and beat the other competitors for being the first high-value operation not guaranteed by the Peruvian government and involving bank loans from institutional investors, insurance companies and the Corporación Financiera de Desarrollo (COFIDE).