Grupo Aeroportuario del Pacifico (PAC) has started the process for the potential establishment of a trust for the issuance of energy and infrastructure investment trust certificates, with a view to subscribe a minority equity stake in the 12 Mexican airport concessionaires the company operates, it said Saturday.

Through the initial issuance, each of the 12 airports plans to secure funds to complement the execution of a master development program for the 2026-2029 period, which contemplates investments of about 40 billion Mexican pesos ($2.32 billion).

The program is expected to lead to a significant growth in airport infrastructure, including a roughly increase of 60% in terminals, the company said.

The company's shares were down 1.1% in premarket activity Monday.