This report is an overview of the PPP deals that reached financial close in the European market in 2017. It was prepared by the European PPP Expertise Centre (EPEC), an initiative involving the European Investment Bank (EIB), the European Commission, Member States of the European Union, Candidate States and certain other States.

It covers:

• Transactions in EU-28 countries as well as Turkey and countries of the Western Balkans region (i.e. Albania, Bosnia-Herzegovina, FYROM, Kosovo, Montenegro and Serbia);
• Transactions structured as design-build-finance-operate (DBFO) or design-build-finance-maintain (DBFM) or concession arrangements which feature a construction element, the provision of a public service and genuine risk sharing between the public and the private sector;
• Transactions financed through ‘project financing’;
• Transactions of a value of at least EUR10 million.