Eiffage agrees to terminate health PPP contract in France
The Center Hospitalier Sud-Francilien (CHSF) has terminated a 30 year PPP contract that signed with Eiffage in 2006. The contract included the design, build, finance, operate, and maintain of the CHSF hospital project in southern Paris.
The agreement announced on 26 Feb. 2014, will be effective after the vote of the supervisory board of the institution on 14 March 2014. According to CHSF, this agreement will save about €650 million (US$895 million) to the public sector.
As part of this partnership, the hospital had to pay an annual payment of €48 million (US$66 million) to Eiffage for 30 years.
The CHSF will have, on 30 Sept. 2015, the responsibility of the entire operation of the hospital.
The hospital, which serves a population of 600,000, started operations on 23 january 2012. The CHSF groups together the healthcare services provided by Gilles de Corbeil hospital in Corbeil-Essonnes, Louise Michel hospital in Évry-Courcouronnes and Albert Calmette hospital in Yerres.
Country news
-
-
March 05, 2014
Eurovia appoints new management team
EUROVIA, a subsidiary of the Vinci Group, has announced a new management structure, with effect from 1 March 2014. Read more -
March 27, 2014
DIF Infrastructure III closes waste water concession project in France
DIF Infrastructure III and Veolia have closed the financing for a renovation and operations PPP concession of a wastewater pipe in Toulon (France) on 26 March 2014. Read more -
April 03, 2014
CDC infrastructure appoints new CEO
CDC Infrastructure, a 100% subsidiary of the Caisse des Depots et Consignations (CDC), has appointed a new Chief Executive Officer (CEO), Patrick Vandevoorde. Read more -
April 08, 2014
WSP concludes agreement to acquire French engineering firm
Canadian engineering firm, WSP Global has announced that it has acquired TPS, a French company specializing in building and infrastructure engineering that will add 100 employees to WSP's existing workforce in France. Read more -
April 14, 2014
Ardian appoints Tobias Gewolker as Director in the Infrastructure team
Independent private investment firm Ardian (ex-AXA Private equity) announced last week the appointment of Tobias Gewolker as a Director in the Infrastructure team based in the Paris office. Read more
