TINC acquires 19.20% stake in Netherlands road PPP
TINC acquired a 19.2% minority interest in the Dutch public-private partnership (PPP) A15 Maasvlakte-Vaanplein. The project aims at the realization, financing and the long-term maintenance of various road works to improve traffic flows and traffic safety from and to the port on the A15 highway south of Rotterdam over a total distance of 37 kilometers.
The project is an availability-based PPP with a total nominal value of circa EUR 1.5 billion (US$ 1.70 billion) with Dutch agency Rijkswaterstaat as a public sector counterparty. The project was realized by a consortium of contractors including Ballast Nedam, Strukton, and Strabag. The infrastructure is completed and fully operational since 2016, the start of the 20-year maintenance period.
This is an investment of circa EUR 12 million (US$ 13.64 million) for TINC which will immediately contribute to the result.
Country updates
-
-
June 16, 2020
EU seeks public consultation for boosting renovation of buildings
The European Commission has announced the opening of public consultation on boosting the renovation of buildings across the EU. The Renovation Wave initiative is a priority under the Europea...
Read more -
May 25, 2020
EU launched public consultation to review rules on trans-European energy infrastructure
The European Commission has launched a public consultation on the review of the EU rules on trans-European energy infrastructure. This will be accompanied by a more targeted consultation for stakehold...
Read more -
May 22, 2020
TINC increases stake in Beatrix lock project
TINC has further increased its participation in the operational public-private partnership (PPP) Princess Beatrix Lock (the Netherlands) from 3.75% to 37.5%, representing an additional investment by T...
Read more -
March 27, 2020
DIF Infrastructure VI achieves EUR1.4bn first close
The Dutch investment firm DIF Capital Partners has completed the first close for its DIF Infrastructure VI with EUR1.4 billion (US$1.5 billion) commitment nearing the planned EUR2.5 billion...
Read more -
March 19, 2020
Avignon Capital acquires data centre from Somerset Capital Partners in Amsterdam
Avignon Capital has acquired the T-Mobile data centre in Amsterdam for EUR 11.55 million (US$ 12.71 million) from Somerset Capital Partners. Currently, let on a long-term lease to T-Mobile, Avignon s...
Read more
