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Auna and EsSalud Finalize Addendum to Commence Construction of Torre Trecca in Lima, Which Will Become Peru's Largest Outpatient Facility

MWN-AI** Summary

Auna S.A., a prominent healthcare services platform in Latin America, has officially signed an addendum to its Public-Private Partnership (PPP) agreement with EsSalud, Peru’s social health insurance agency, marking a significant step forward for the Torre Trecca project in Lima. This venture aims to construct a state-of-the-art, 23-story outpatient healthcare facility, which will be the largest of its kind in Peru. The planned Torre Trecca center will span approximately 59,000 square meters and include 145 consultation offices and 43 treatment rooms, enhancing healthcare capacity in metropolitan Lima by 20%.

Upon completion, expected in mid-2028, the facility will address the needs of over six million insured Peruvians and facilitate approximately three million patient visits per year, thereby significantly reducing waiting times for healthcare services. The initial operations will provide 600,000 patient services, with a plan to scale up annually until 2046, the end of the initial PPP term, potentially extendable to 2064.

The partnership will boost EsSalud’s capacity to offer a wide array of outpatient services, including specialized care, preventive programs, and emergency services, integrating advanced technology and infrastructure to improve healthcare delivery. Auna’s president, Suso Zamora, emphasized the project’s alignment with their strategy to enhance healthcare access across Latin America. The financing structure allows for limited upfront investment from Auna, with EsSalud covering construction costs through milestone-based payments. Construction is anticipated to proceed through 2026 and 2027 under the management of Auna’s subsidiary, Consorcio Trecca. This collaboration signifies a pivotal opportunity for Auna to expand its market reach in Peru and fortify its position within the healthcare sector.

MWN-AI** Analysis

The recent announcement regarding Auna S.A.’s partnership with EsSalud to construct the Torre Trecca facility in Lima signifies a notable expansion opportunity and potential for investment in the healthcare sector of Peru. As Auna embarks on this critical project, several key factors should be analyzed for market advice.

Firstly, the establishment of Torre Trecca will enhance Auna’s market presence significantly, as it will become Peru's largest outpatient facility, aimed at addressing the soaring demand for healthcare services in metropolitan Lima. With a projected 20% increase in EsSalud’s healthcare capacity and enhanced patient services over the next two decades, Auna is well-positioned to capitalize on a sizable and growing market.

The Public-Private Partnership (PPP) structure underpins the financial viability of the Torre Trecca project, minimizing Auna’s risk exposure. The scheme allows for predictable cash flows through guaranteed monthly payments from EsSalud, which is critical in ensuring consistent revenue streams. Moreover, construction costs will be reimbursed by EsSalud, reducing initial financial burdens and enhancing Auna’s cash flow management.

Investors should be cognizant of the long-term nature of this investment. The operational commencement in mid-2028 indicates that while opportunities may abound, significant capital commitment and operational readiness will be required ahead of time. Stakeholders should closely monitor the project’s progress and adherence to timelines.

With a focus on integrating healthcare services and reducing patient wait times, Auna’s strategy aligns with broader healthcare modernization efforts in Peru. This should resonate positively with investors looking for firms that prioritize innovation and accessibility in Latin America's healthcare landscape.

In conclusion, Auna offers an enticing investment opportunity focused on sustainable growth within the healthcare sector, but potential investors should be mindful of the associated risks and the long-term nature of this venture.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: Business Wire

Auna S.A. (“Auna” or the “Company”), a leading healthcare services platform in Latin America with operations in Mexico, Peru, and Colombia, today announced the formal execution of an addendum to its existing Public-Private Partnership (“PPP”) agreement with EsSalud, Peru’s Social Health Insurance agency. This agreement facilitates the commencement of the construction phase of the Torre Trecca project in Lima.

The execution of the addendum is an important milestone for the project and formally authorizes the commencement of construction of Torre Trecca, a 23-story, high-complexity outpatient healthcare facility. The facility will encompass approximately 59,000 square meters of built area, 145 consultation offices, and 43 treatment rooms. Upon its completion, Torre Trecca is expected to expand EsSalud’s healthcare capacity in metropolitan Lima by approximately 20%. Furthermore, it will substantially reduce waiting times for more than six million insured Peruvians, with the capacity to support over three million patient visits annually.

The PPP will establish an obligation to provide an increasing number of outpatient services to EsSalud’s population at Torre Trecca. The initial year of operation is anticipated to commence in mid-2028 with 600,000 patient services, which are expected to expand annually until the PPP’s termination in 2046, although it can be renewed and extended to 2064. The facility will offer a comprehensive range of outpatient and diagnostic service packages, encompassing ambulatory care packages, preventive care programs, specialized procedures, ambulatory emergency services, surgical risk assessment packages, and advanced imaging services, including diagnostic interpretation and MRI procedures.

Suso Zamora, President and Executive Chairman of the Board of Auna, stated, “The signing of this addendum is a significant milestone for Auna and for the modernization of public healthcare delivery in Peru. It fully aligns with our AunaWay strategy to expand access to high-quality, sustainable healthcare throughout Latin America. Serving EsSalud, the largest payor and provider in Peru - one that grants healthcare coverage to most public and private employees, independent professionals, and retirees, along with their dependent family members - significantly expands our addressable market in the country.” Mr. Zamora further underscored that, “Serving this substantial demographic segment is a pivotal opportunity. Our unwavering dedication to redefining healthcare delivery and plans has placed Auna in a unique position to seize this moment and generate value for all stakeholders.”

Luis Felipe Pinillos, Vice Chairman of the Board of Auna, stated: “Torre Trecca is a strategic priority for EsSalud and ProInversion as they seek to close the healthcare access gap in metropolitan Lima through modern infrastructure, advanced technology, and greater efficiency. This partnership with Auna will expand specialized outpatient and diagnostic capacity and represents a meaningful step forward in their mission to deliver timely, high-quality healthcare to the insured population.”

The Torre Trecca project is structured under a concession framework and implemented through a dedicated project vehicle, with financing, assets and cash flow at the project level, and provides for an initial 20-year term, renewable for an additional 18 years. The contractual design segregates construction risk from operational risk through distinct payment mechanisms and ring-fenced cash flows. Under the PPP framework, once the facility is operational, EsSalud will provide a guaranteed minimum monthly payment through the issuance of certificates, which will cover fixed costs and operational services, resulting in a highly predictable revenue stream for Auna. Notably, the project requires only a limited upfront investment from Auna, as construction capital expenditures are reimbursed by EsSalud through progress certificates issued upon the achievement of defined construction milestones. These certificates are freely transferable and monetized with third parties, at the implicit sovereign credit rating of Peru.

Consorcio Trecca, a subsidiary of Auna and operator of the concession, has secured financing providers and construction activities are expected to progress throughout 2026 and 2027, with the facility projected to begin operations in 2028.

About Auna

Auna is one of Latin America’s leading healthcare platforms, with operations in Mexico, Peru, and Colombia. It prioritizes prevention and focuses on complex diseases that represent the highest healthcare spending. Its mission is to transform healthcare by delivering access to a highly integrated offering of services in low-penetration markets across Spanish-speaking Latin America. Founded in 1989, Auna has built one of the region’s largest modern healthcare platforms, consisting of a horizontally integrated network of medical care centers and a vertically integrated portfolio of oncology and general health plans. As of September 30, 2025, Auna’s network included 31 healthcare facilities—hospitals, ambulatory centers, and prevention and wellness centers—with a total of 2,333 beds and 1.4 million health plan members.

Cautionary Statement on Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements often are proceeded by words such as “believes,” “expects,” “may,” “anticipates,” “plans,” “intends,” “assumes,” “will” or similar expressions. The forward-looking statements contained herein include statements about the construction timeline, commencement of operations, expected capacity and market of Torre Trecca and expected waiting times for patients. These expectations may or may not be realized. Some of these expectations may be based upon assumptions or judgments that prove to be incorrect. In addition, Auna’s business and operations involve numerous risks and uncertainties, many of which are beyond the control of Auna, which could result in Auna’s expectations not being realized or otherwise materially affect the financial condition, results of operations and cash flows of Auna. Some of the factors that could cause future results to materially differ from recent results or those projected in forward-looking statements are described in Auna’s filings with the United States Securities and Exchange Commission, including its annual report filed on Form 20-F on April 10, 2025.

The forward-looking statements are made only as of the date hereof, and Auna does not undertake any obligation to (and expressly disclaims any obligation to) update any forward-looking statements to reflect events or circumstances after the date such statements were made, or to reflect the occurrence of unanticipated events. In light of the risks and uncertainties described above, and the potential for variation of actual results from the assumptions on which certain of such forward-looking statements are based, investors should keep in mind that the results, events or developments disclosed in any forward-looking statement made in this document may not occur, and that actual results may vary materially from those described herein, including those described as anticipated, expected, targeted, projected or otherwise.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260225762060/en/

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FAQ**

How will the Torre Trecca project impact Auna SA Class A AUNA's financial forecasts in the upcoming years, particularly concerning expected revenue from guaranteed monthly payments from EsSalud?

The Torre Trecca project is expected to positively influence Auna SA Class A's financial forecasts in the upcoming years by enhancing revenue stability through guaranteed monthly payments from EsSalud, thus strengthening the company's cash flow and overall financial position.

What strategies does Auna SA Class A AUNA have in place to mitigate the risks associated with the construction and operational phases of the Torre Trecca project under the PPP agreement with EsSalud?

Auna SA Class A (AUNA) employs a combination of rigorous project management, comprehensive risk assessments, strategic partnerships, and insurance coverage to mitigate risks during both the construction and operational phases of the Torre Trecca project under its PPP agreement with EsSalud.

In what ways will Auna SA Class A AUNA leverage the additional healthcare capacity provided by Torre Trecca to expand its market share in Peru's growing healthcare sector?

Auna SA Class A AUNA plans to leverage Torre Trecca's additional healthcare capacity by enhancing service offerings, improving patient access, and increasing operational efficiency, ultimately positioning itself to capture a larger share of Peru's expanding healthcare market.

How does Auna SA Class A AUNA plan to manage the operational efficiency of Torre Trecca to ensure that the facility meets its projected patient service targets starting in mid-2028?

Auna SA Class A AUNA plans to enhance operational efficiency at Torre Trecca by implementing advanced technologies, optimizing workflows, and ensuring staff training to meet projected patient service targets beginning in mid-2028.

**MWN-AI FAQ is based on asking OpenAI questions about Auna SA Class A (NYSE: AUNA).

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