Vinci has announced financial close for the project. The project represents an initial investment of around £145 million (approximately €180 million). It will be financed by: • an equity from the project company shareholders around £17 million (approximately €20 million), • a bank loan of £95 million (approximately €120 million) with a maximum maturity of 24,5 years from BTMU, KfW IPEX, DZ Bank and SMBC, • a subsidy provided by the concession grantor of £30 million (about €38 million). Construction, operation and maintenance will be assigned to Ringway, a subsidiary of Eurovia, itself a subsidiary of VINCI. These tasks will start in April 2013