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Infrastructure/PPP news in Europe

MegaProject 1210: Covage signs US$490 million broadband PPP in France

MegaProject 1210: Covage signs US$490 million broadband PPP in France

🕔Feb 22, 2018

The infrastructure operator Covage has signed a PPP contract with the Department of Hérault for the deployment and commercialisation of a fibre-optic network in the areas of the department, located in the Occitanie region in the south of France, not covered by private broadband operators.

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EIB announces backing for highway PPP in Romania

EIB announces backing for highway PPP in Romania

🕔Feb 22, 2018

The European Investment Bank (EIB) has announced that it is prepared to support Romania’s Comarnic-Braşov motorway PPP project. The project involves a section of the 603km A3 motorway, planned to connect the capital city Bucharest with the Transylvania region and the north-western part of the country.

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UK Parliament votes against PPP tax

UK Parliament votes against PPP tax

🕔Feb 22, 2018

Yesterday the UK Parliament voted against imposing a windfall tax on PPP contractors. The tax was proposed by a member of the Labour Party, and was supported by members of other parties and publicly backed by the UK's second largest trade union.

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MegaProject 1209: US$800 million road PPP in Germany reaches financial close

MegaProject 1209: US$800 million road PPP in Germany reaches financial close

🕔Feb 21, 2018

The consortium consisting of BAM-PGGM and HABAU has announced the financial close of the A10/A24 Neuruppin to Pankow highway expansion PPP project in Germany. The estimated construction cost is EUR650 million (US$806.54 million).

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FCC to sell minority stake in Aqualia to IFM

FCC to sell minority stake in Aqualia to IFM

🕔Feb 21, 2018

FCC Aqualia, S.A., FCC and IFM are in advanced negotiations regarding the acquisition by IFM of a 49% stake in FCC Aqualia, S.A

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BGIS to acquire Carillion's facilities management contracts

BGIS to acquire Carillion's facilities management contracts

🕔Feb 20, 2018

BGIS (Brookfield Global Integrated Solutions) has announced that it has entered into an agreement to acquire a large portfolio of Carillion facility management contracts in the United Kingdom.

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£150 million cash shortage for Scottish bypass PPP following Carillion collapse

£150 million cash shortage for Scottish bypass PPP following Carillion collapse

🕔Feb 19, 2018

Galliford Try has announced plans to raise GBP150 million (US$210.42 million) from investors to cover additional costs of the Aberdeen Western Peripheral Route PPP project​ that have arisen following the compulsory liquidation of Carillion

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EUR60 million wastewater project in France reaches financial close

EUR60 million wastewater project in France reaches financial close

🕔Feb 19, 2018

Thau Maritima, a project company comprising the Investment and Development Fund for Public-Private Partnerships II (FIDEPPP2), which is managed by MIROVA and SUEZ Eau France, has secured financing for a project involving a wastewater treatment plant serving seven municipalities of the Sète Agglopôle Méditerranée (SAM) district, in the south of France.

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RFEOI issued for regeneration of Irish port

RFEOI issued for regeneration of Irish port

🕔Feb 16, 2018

Dún Laoghaire Harbour Company has issued a Request for Expressions of Interest for the regeneration of Carlisle Pier, Dún Laoghaire, about 12km south of Dublin, the capital of the Republic of Ireland.

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MegaProject 1206: New concession agreement for US$1.5 billion Russian road project

MegaProject 1206: New concession agreement for US$1.5 billion Russian road project

🕔Feb 16, 2018

The Russian Direct Investment Fund (RDIF), the sovereign wealth fund of the Russian Federation, AVTOBAN, a Russian road-building company, and Makyol, a Turkish construction company, have announced a joint agreement to establish a consortium to build and operate the fourth section of the Moscow Central Ring Road under a 30-year concession agreement.

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UPP secures financing for acquisition of Swansea University accommodation projects

UPP secures financing for acquisition of Swansea University accommodation projects

🕔Feb 7, 2018

University Partnerships Programme (UPP) has achieved financial close on a circa GBP98 million (US$137,77 million) deal to acquire two companies from brownfield developer St Modwen Properties PLC. Consequently, UPP will acquire the contract to operate 2,021 study bedrooms on the Swansea University’s Bay Campus in South Wales for a period of 45 years.

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Uliving wins 800-bed student accommodation project in Brighton

Uliving wins 800-bed student accommodation project in Brighton

🕔Feb 7, 2018

The University of Brighton, which is located in the south-east of England, has confirmed that Uliving has been identified as preferred bidder for the construction and management of new student accommodation as part of the development of the university’s Moulsecoomb campus.

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Ukrainian waste PPP awarded

Ukrainian waste PPP awarded

🕔Feb 2, 2018

Dnipro City Council has awarded a PPP contract for a waste recycling plant in the city, in eastern Ukraine, to British company Stopford Projects Limited. The council plan to sign the agreement later this month.

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Turkey announces route for canal PPP

Turkey announces route for canal PPP

🕔Feb 1, 2018

The Government of Turkey has announced the route for a canal to be developed through a public-private partnership. The 45-km Kanal Istanbul will link the Black Sea and the Sea of Marmara west of the Bosphorus, running from the Durusu region on Istanbul's Black Sea coast to Kucukcekmece Lake on the Sea of Marmara.

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Mirova acquires stakes in two Portuguese highway concessions

Mirova acquires stakes in two Portuguese highway concessions

🕔Jan 30, 2018

Mirova, an affiliate of Natixis Investment Managers dedicated to responsible investment, has acquired interests of 23.8% and 35.2% respectively in ViaExpresso and ViaLitoral. These two concessionary companies operate part of the Madeira highways in Portugal.

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Spanish government hires advisors for toll road concessions

Spanish government hires advisors for toll road concessions

🕔Jan 24, 2018

The State Company of Land Transport Infrastructure, a department of the Ministry of Public Works of the government of Spain, has awarded a EUR250,000 (US$306,08) contract for the design of bidding documents to re-tender rescued highways.

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Prison PPP in Slovakia passes first stage of government approval

Prison PPP in Slovakia passes first stage of government approval

🕔Jan 23, 2018

The Slovak Ministry of Finance has approved a public-private partnership model to build a new prison in central-southern Slovakia, in Rimavská Sobota; though the initiative still has to be approved by the Cabinet.

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Industry day announced for Czech road PPP

Industry day announced for Czech road PPP

🕔Jan 17, 2018

The Ministry of Transport of the Czech Republic has announced an upcoming public presentation concerning the D4 highway PPP. The project consists of the construction of approx. 32km of new highway between Háje and Mirotice, and the operation and maintain of adjacent sections, with a total length of 17 km.

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Marguerite announces final investment: 14 Greek airports

Marguerite announces final investment: 14 Greek airports

🕔Jan 10, 2018

The Marguerite Fund has announced that it has acquired a 10% stake in Fraport Greece, the owner and operator of 14 regional airports in Greece.

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Vinci Airport selected as preferred bidder for Belgrade airport concession

Vinci Airport selected as preferred bidder for Belgrade airport concession

🕔Jan 10, 2018

The Republic of Serbia and ANT (Airport Nikola Tesla) have selected VINCI Airports as preferred bidder for the Belgrade Nikola Tesla Airport concession, a 25-year concession covering financing, operation, maintenance, extension and upgrade of the existing airport terminal and runways.

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