Concession & PPP

Wepex Concession & PPP manages $8.1 billion of equity invested across 38 global concessions — toll roads, hospitals, district energy networks, and port terminals. Where others build and leave, we stay. Our concessions division selects, structures, and operates long-term infrastructure investments that generate stable, inflation-linked returns for shareholders while delivering essential public services. Every asset benefits from Wepex's operational expertise, ensuring the asset we built performs for decades exactly as designed.

The division's approach is selective. We pursue concessions only where Wepex's construction expertise creates a genuine competitive advantage — where understanding how an asset is built gives us an edge in how it is operated, maintained, and ultimately decommissioned. This means we focus on assets with complex mechanical and electrical systems, heavy operational requirements, or significant residual value risk. Toll roads with complex interchanges. Hospitals with infection control systems. Port terminals with container handling automation. These are assets where our construction DNA translates directly into operational outperformance.

Financial structuring is core to the practice. Wepex Concession & PPP employs 62 financial structuring, project finance, and asset management professionals across New York, London, and Dubai. The team has closed $8.1B in equity commitments and arranged $22.4B in project finance debt across 38 transactions, achieving an average equity IRR of 14.2% and a debt service coverage ratio consistently above 1.4x. Our portfolio has never experienced a debt service default.