BAM PPP PGGM Infrastructure Coöperatie U.A., the joint venture of Royal BAM Group's PPP subsidiary and Dutch pension fund PGGM, has closed the refinancing of two Irish PPP projects, the Schools Bundle 3 project and the N11 motorway project.
Both projects are brownfield availability-based PPP projects with a track record of solid operations. The refinancing transactions were supported by the projects' existing lenders, Bank of Ireland and European Investment Bank (EIB).
BAM PPP PGGM was advised by Rubicon Infrastructure Advisors. These transactions follow the successful refinancing of five other PPP projects in Switzerland and the Netherlands by BAM-PGGM, where Rubicon also acted as a financial advisor to the respective concessionary company and their shareholders.
Country updates
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February 21, 2019
HICL acquires stake in N17/N18 road concession
HICL infrastructure company has acquired further 40% stake in N17/N18 road concession in Tuam, Ireland, now holding half of the stake in the project. The project is a 28-year availability road concess...
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January 31, 2019
Cork-Limerick motorway to be developed through PPP
The Irish Prime Minister has stated this week that the development of the proposed M20 motorway between Cork and Limerick is "full steam ahead". Furthermore, at a Cabinet Committee meeting, the P...
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January 30, 2019
Irish Transport Minister rejects call to split Dublin Metrolink
The Minister for Transport of Ireland has rejected the proposed splitting of the Metrolink project, a planned 26km urban railway connecting Swords and Sandyford, running north-south through Dublin cit...
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January 29, 2019
BAM acquires stake in Irish modular homes specialist MHI
Royal BAM Group’s Irish operating company has acquired a non-controlling share in leading modular homes provider Modern Homes Ireland (MHI). MHI constructs quality assured steel-framed homes and...
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December 11, 2018
Temporis launches Temporis Aurora Limited Partnership fund
Temporis Investment Management Ltd, a unit of Temporis Capital, has announced the first close of its renewable energy development platform, the Temporis Aurora Limited Partnership ('Fund'). The...
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