Over the past ten years, Grupo Argos has strengthened its role as an infrastructure investment manager in Colombia and the region

• In the past decade, the company has advanced in refining its business strategy, transitioning from a diversified holding to becoming a specialized infrastructure investment manager.
• This strategic focus has enabled Grupo Argos to lead more than 30 transactions totaling USD 7 billion, in which it has acted as a strategic architect—transforming its investments to maximize performance, profitability, and focus.

With a disciplined approach to resource allocation, Grupo Argos has implemented a series of strategic decisions aimed at strengthening its portfolio and optimizing its capital structure, enhancing its investments in key sectors with high growth potential in Colombia and the region—such as building materials, energy (across the entire value chain from generation to distribution and commercialization), and road and airport concessions.

This transformation has enabled Grupo Argos to maximize value for its shareholders, who have received uninterrupted and growing dividends throughout the company’s history, while also contributing to the sustainable development of the territories where it operates. The key initiatives that have redefined Grupo Argos’ business model are:

• Portfolio Optimization: By consolidating its businesses—Cementos Argos, Celsia, and Odinsa—Grupo Argos has focused its investments on infrastructure assets with strong growth potential and long-term value creation.
• Active Capital Management: The company has executed share repurchase programs exceeding USD 150 million, reflecting its commitment to shareholder returns and efficient capital allocation.
• Track Record of Expansion and Strengthening: Since its inception, Cementos Argos has become a benchmark company in its sector in Colombia, where in 2024 it supplied more than 80% of the country’s major infrastructure projects and maintains a leading position in the 15 countries where it operates. Celsia is now one of the leading renewable energy companies in Colombia and Central America, with a portfolio expected to reach 1,000 MW of renewable energy capacity by 2025. Meanwhile, Odinsa has accelerated its strategy in road and airport concessions, with projects totaling COP 20 trillion across the region.

In line with its goal of becoming a pure-play infrastructure investment platform, Grupo Argos’ portfolio has grown by approximately COP 4.4 trillion over the past 12 months, further strengthening its position as a key player in shaping the future of the infrastructure sector in Colombia and the region.