Global investor Global Infrastructure Partners (GIP) has completed the acquisition of a 50% stake in Trabajos Maritimos (Tramarsa), a Peruvian integrated port infrastructure platform, in collaboration with Grupo Romero, a privately owned diversified conglomerate in Latin America.
The purchase marks the start of a new joint venture co-controlled by GIP and Grupo Romero, which aim to invest more in port and mining infrastructure throughout South America’s Andean area.
Tramarsa benefits from positive long-term trends as copper demand is predicted to nearly double by 2035, driven by global electrification and energy transformation programmes.