Eiffage, through Eiffage Concessions, in consortium with JOHANN BUNTE Bauunternehmung (50/50), has achieved contractual and financial close of the A3 motorway 30 years public-private partnership.

The financing has been raised today for circa EUR 1.2 billion (USD 1.3 billion), underwritten by the European Investment Bank (EIB) and the following financial institutions: DEKA, DZ, KFW-Ipex, HELABA, LBBW, MEAG and MUFG.

Assigned by Autobahndirektion Nordbayern, on behalf of the Federal Ministry of Transport and Digital Infrastructure (BMVI), the contract concerns the approximatively 76 km long section of the A3 motorway, located between Biebelried and Fürth/Erlangen, in Bavaria, Germany.

The dedicated company A3 Nordbayern GmbH & Co. KG, specially created for the project will be in charge of the design, the widening from 4 lanes to 6 lanes, the operation and maintenance as well as the partial financing of these services. Engaged on the quality level,
the project company remuneration is based on availability payment depending on road access at any time for users.

Works, worth around EUR 1.5 billion (USD 1.6 billion), will be carried out by a construction joint venture including Eiffage Infra-Bau and JOHANN BUNTE Bauunternehmung. The A3 project is the largest motorway infrastructure PPP project concluded in Germany to date.