The
European PPP Expertise Centre (EPEC), a joint initiative involving the European Investment Bank EIB), the European Commission, Member States of the European Union, Candidate States and certain other States,
has released a brief report with details of the
public private partnership projects that have achieved financial closure in the first semester of 2011 in Europe.
The most important facts are the following:
- The aggregate value of the 47 PPP transactions (58 in H1 2010) that reached financial close on the European market in the first semester of 2011 totalled EUR 9.7 billion.
- During the first half of the year, 4 large PPP transactions reached financial close (adding 60% of the aggregate market value):
- the Tours-Bordeaux high speed railway (France, over EUR 3 billion);
- the A63 highway (France, over EUR 1 billion);
- the Balard defence headquarters (France, EUR 800 million); and
- the Strada dei Parchi motorway (Italy, EUR 600 million).
- France was the largest PPP market in value terms (57% the overall European market value), overtaking Spain and the UK which led the market in 2010.
- 20 UK deals reached financial close over the period. The UK is followed by France (8 transactions), Germany (6), Spain (5) and Belgium (4).
If you want to see more reports of the
European PPP Expertise Centre (EPEC), go to
InfraPPP Reports.