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Argentina approves CAAP's $7.3B investment plan, extending concession term by 18 years
CAAPCorporacion America Airports S.A.
Corporación América Airports S.A. announced that the Government of Argentina approved a rebalancing of its concession agreement to address capital investment needs driven by passenger traffic growth. The revised terms include a total capital investment program of approximately $7.3 billion, with $1.5 billion deployed between 2027 and 2031. The concession term is extended by 18 years, expiring in February 2056, to restore economic equilibrium. An internal rate of return (IRR) of 14.30% was agreed upon, and domestic passenger tariffs will increase to $9.00 by January 1, 2027. The company operates airport concessions across Latin America and Europe.