NGE Concessions selected for French road PPP
The Government of Cantal, France, has selected NGE Concessions as preferred bidder for the Nord de Saint-Flour bypass on PPP scheme.
The project an investment of €28.15 billion (US$30 million) and the concession contract will have a total duration of 20 years.
The purpose of this project is to relieve the transit traffic through Saint Flour while opening up Aurillac and Murat towards the A75 motorway.
This project involves three major phases before the route is available, scheduled for January 2020:
- Closure of the administrative authorization procedures and deviation of the networks scheduled for February 2018;
- Earthworks, civil works with 13 works of art, sanitation, pavements and safety equipment scheduled for the summer of 2019;
- Pavement works and the launch of pre-supply operations planned for the end of 2019.
Country news
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February 01, 2017
Tiger Infrastructure Partners to finance Ireland - France subsea cable
Ireland-France Subsea Cable Limited has announced a partnership with Tiger Infrastructure Partners to finance and construct IFC-1, a submarine fiber-optic cable system that will be the first and only direct subsea cable between Ireland and France.
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January 27, 2017
Abertis-controlled Sanef reaches agreement for investments in its network of €147 million
Sanef, Abertis’ subsidiary in France, has reached an agreement with the French Government for the launching of a new investment plan for the upgrading of its road network.
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January 26, 2017
Abertis increases its control stake in French subsidiary Sanef to 63.07%
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Edmond de Rothschild reaches first close for infrastructure debt vehicle
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January 19, 2017
French civil service pension fund ERAFP awards €150m infrastructure mandate to Ardian
French civil service pension fund ERAFP has committed €350 million (US$368.4 million) to Ardian France and Access Capital Partners for infrastructure and private equity funds of funds, respectively.
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