VINCI wins USD585 million contract for Tunnel PPP project between Germany and Denmark
Cobra IS, a Vinci subsidiary, has signed a DKK4 billion (US$585 million) contract for the 18-km-long Femern tunnel between Germany and Denmark.
Cobra IS will be responsible for the design, build and maintenance of the project. The contract focuses on ventilation, lighting and safety systems, plus maintenance for the electromechanical systems in the five tubes of the tunnel (two for highway road, two for high-speed rail, and one for service gallery) over the next 6 years.
The Femern tunnel is being built 40 m below the surface of the Baltic Sea and once completed, will become the longest road and rail immersed tunnel in the world. The construction started in 2020 and its commissioning is expected to be completed in 2029.
Country news
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April 12, 2022
US$585 million contract awarded for Tunnel PPP project in Denmark
Femern A/S has awarded a DKK4 billion (US$585 million) design-build contract for electrification services for the Fehmarnbelt tunnel project.
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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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