PwC selected to structure Port of Venice's offshore terminal PPP
PricewaterhouseCoopers Advisory Spa has been selected to analyze the possibilities of using a Public-Private Partnership (PPP) scheme to finance the development of terminals and transfer systems at the Port of Venice, Italy.
In April 2013, Venice port authority started to seek a financial adviser to implement a PPP for the renovation of the city's port. The adviser will have to draw an economic and financial plan for a PPP designed to improve the capacity of the port and its related logistics system. The advisory contract has a length of ten months, which could be extended for a further four months. The deadline for the tender was April 22.
The European Union is co-financing the studies with over €700,000 from the TEN-T Programme.
The studies are necessary to advance the Venice port development plan consisting of the design and implementation of an offshore terminal, onshore terminal and related waterway transfer system and to prepare the ground for the tendering procedure for the design, construction, financing, operation and maintenance (or other forms of PPP) of the offshore terminal, onshore terminal and waterways transfer system.
The PPP tender itself is not expected before 2014.
Source: TED & European Commission
Country news
-
-
October 02, 2013
Barclays Infrastructure Fund acquires photovoltaic plants in Italy
Barclays European Infrastructure Fund II (BEIF II) has signed an agreement to acquire a 96% stake in four photovoltaic plants in the southern Italian region of Apulia for an undisclosed sum. The plants sum a total of 4 MW. Read more -
October 11, 2013
Morgan Stanley Infrastructure acquires stake in Venice airports
Italian insurer Generali has informed that it has sold its indirect stake in Venice airport operator SAVE for €60 million (US$82 million), as part of its efforts to sell off non-core business interests. Generali owned a 33.5 % stake in Agorà Investimenti S.r.l. which controls 38.9 % of the shares of SAVE, the company that owns the airports."The deal was closed for a total gross consideration of approximately €60 million, reflecting a €13 per share valuation of SAVE," Generali said in a statement. Read more -
November 22, 2013
Financial close achieved for Monselice hospital in Italy
UniCredit, Banca IMI and UBI Banca will provide the €36.2 million to finance Este Monselice hospital in Italy. The main sponsors for the project are FONDACO, Gemmo and Consorzio Cooperative Costruzioni (CCC). Read more -
November 25, 2013
Two highway concessions awarded in Italy
Two highway concessions were awarded last week in the Italian region of Veneto, the contracts for the Medio Padana Veneta Nogara - Mare Adriatico highway and the S.R. 10 "Padana Inferiore" highway. Read more -
December 10, 2013
F2i and Ardian acquire minority stake in Italian gas network
Last Friday, Enel SpA and Enel Distribuzione SpA signed an agreement with F2i SGR SpA, Ardian and F2i Reti Italia Srl for the sale of a 14.8 % stake held by Enel Distribuzione in Enel Rete Gas SpA. Read more
