US$585 million contract awarded for Tunnel PPP project in Denmark
Femern A/S, the owner of the Fehmarnbelt tunnel project, has awarded a DKK4 billion (US$585 million) contract for electrification services for the tunnel in Denmark.
The contract has been awarded to a consortium named SICE-Cobra, formed by Sociedad Ibérica de Construcciones Eléctricas (SICE) and Cobra Instalaciones y Servicios. Fehmarnbelt project is an 18 km long immersed tunnel connecting Denmark to Germany.
The consortium will provide the tunnel with advanced equipment and technology covering ventilation, lighting, and safety systems elements. The energy utilization will be CO2 neutral during an operational period of 28 years.
The construction works for the project started in 2020. The tunnel is expected to be operational by 2029.
Country news
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August 13, 2018
A.P. Moller Capital's Africa Infrastructure Fund approaches US$1 billion
A.P. Moller Capital has announced that it has raised US$982 million for the Africa Infrastructure Fund.
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June 12, 2018
Denmark's IFU and pension funds launch US$650 million sustainable investment fund
The Investment Fund for Developing Countries (IFU), based in Denmark, has signed an agreement with six pension funds - PKA, PensionDanmark, PFA, ATP, JØP/DIP and PenSam - to establish the Danish SDG Investment Fund, which will contribute to meeting the UN Sustainable Development Goals (SDGs) in developing countries and promote the sale of Danish expertise and technology.
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April 12, 2018
Copenhagen Infrastructure III holds final close at EUR3.5 billion
Copenhagen Infrastructure Partners’ (CIP) has announced that its newest fund, Copenhagen Infrastructure III (CI III), held a final close on 23 March 2018 at the EUR3.5 billion (US$4.31 billion) hard cap exceeding the EUR3.0 billion (US$3.7 billion) target fund size.
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March 20, 2018
A.P. Moller Capital announces second close of Africa Infrastructure Fund
A.P. Moller Capital has announced the second close of its Africa Infrastructure Fund, with total commitments reaching US$865 million. Subscribers include Danica Pension, Danske Invest, SEB Pensionsforsikring and SEB Pension och Försäkring.
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March 12, 2018
Dutch Ministry of Infrastructure announces new road project
Rijkswaterstaat, the procurement agency of the Netherlands' Ministry of Infrastructure and the Environment, has issued a prior information notice for the tender of the Via 15 road project.
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