Tollroads Motorways

Grupo Costanera

50.01% Mundys, 49.99% Canada Pension Plan Investment Board

Grupo Costanera is a leading company in the public infrastructure sector in Chile, with proven experience in engineering development, construction, administration, and management of public works concession contracts.

Its leadership can be evidenced by its broad presence in the concession market, highlighting its success in managing large urban highways under concession that have high standards of quality and technology for the direct benefit of its users and the city of Santiago.

As of 31 December 2025, Grupo Costanera manages 8 concessions in Chile and over 50% of the urban motorway network serving Santiago. Five of them serve the densely populated and growing areas of Santiago, as well as the region of Valparaíso, which includes the largest port in the country and the second largest city in Chile. In addition, they were awarded the construction and management of two other important projects for the Metropolitan Region: Américo Vespucio Oriente, Av. Príncipe de Gales-Rotonda Grecia section, and Conexión Vial Ruta 78 to Ruta 68.

Grupo Costanera further expanded its presence in Chile by being awarded the concessions for the Temuco–Río Bueno section (182 kilometres) and the Chacao–Chonchi section (126 kilometres) in 2025.

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Concessions

Data at 31.12.25
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Country

Data at 31.12.25
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Km managed

Data at 31.12.25
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Employees

Data at 31.12.25

Our Partner

In August 2012, we completed the sale of a 49.99% stake in Grupo Costanera to the pension fund, Canada Pension Plan Investment Board (CPPIB).
The partnership with CPPIB, already present in Chile’s infrastructure sector, strengthened Grupo Costanera’s position as the country’s number one motorway infrastructure operator.

Our partners: who manages Grupo Costanera with us

CPP Investments

Canada Pension Plan Investment Board (CPP Investments™) is a professional investment management organization that manages the Fund in the best interest of the more than 20 million contributors and beneficiaries of the Canada Pension Plan. In order to build diversified portfolios of assets, investments are made around the world in public equities, private equities, real estate, infrastructure and fixed income. Headquartered in Toronto, with offices in Hong Kong, London, Luxembourg, Mumbai, New York City, San Francisco, São Paulo and Sydney, CPP Investments is governed and managed independently of the Canada Pension Plan and at arm’s length from governments.

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