The consortium consisting of VINCI and Meridiam has completed the financing of the PPP contract for the D4 motorway in the C...
30 Abril 2021 - 01:47AM
The consortium consisting of VINCI and Meridiam has completed the
financing of the PPP contract for the D4 motorway in the Czech
Republic
Press releaseRueil Malmaison, 30 April 2021
The consortium consisting of VINCI and
Meridiam has completed the financing of the PPP
contract for the D4 motorway in the Czech Republic
- First motorway public-private partnership (PPP) in the Czech
Republic
- 28-year PPP representing an investment of €525 million for the
construction phase
On 29 April 2021, the consortium consisting of
VINCI Highways, lead company, and Meridiam (50/50) completed the
financing of the PPP contract for the D4 motorway linking Příbram
(Central Bohemia) and Písek (South Bohemia). This contract won in
December 2020, was signed with the Czech Transport Ministry on 15
February 2021.
€474 million of financing has been arranged for
the project through debt denominated in both euros and Czech
koruna.
The project consists of designing, financing,
building, operating and maintaining a new 32km motorway and
widening an existing 16km section of road to two lanes in each
direction. The new motorway will provide an improved road
connection between Prague and rural South Bohemia, thereby
fostering local economic and social development, and will also help
improve traffic conditions on major commercial routes, particularly
towards neighbouring Germany and Austria.
The contract is for 28 years including
approximatively 3.5 years of construction work, which will begin in
May and will be carried out by VINCI subsidiary Eurovia, which has
operated in the Czech Republic since 1992. It employs more than
3,000 people in the country, where it is one of the main players in
transport infrastructure construction.
Operation and maintenance will be carried out by
VINCI Highways. The new motorway will be equipped with
state-of-the-art technologies that will, among other things,
guarantee a high level of road safety and comfort for motorists and
improve traffic conditions.
The project will help to boost the economy and
create local jobs, and has strong environmental credentials. It
includes the recycling and reuse of 1.9 million m3 of excavated
materials, as well as a commitment to recycle up to 60% of the
total volume of asphalt mix. New storm water retention ponds,
wildlife crossings and a “zero pesticide commitment” will
contribute to preserving biodiversity.
About VINCI
VINCI is a global player in concessions,
construction and energy businesses, employing more than 217,000
people in some 100 countries. We design, finance, build and operate
infrastructure and facilities that help improve daily life and
mobility for all. Because we believe in all-round performance, we
are committed to operating in an environmentally, socially
responsible and ethical manner. And because our projects are in the
public interest, we consider that reaching out to all our
stakeholders and engaging in dialogue with them is essential in the
conduct of our business activities. Based on that approach, VINCI’s
ambition is to create long-term value for its customers,
shareholders, employees, partners and society in general.
www.vinci.com
About MeridiamMeridiam was
founded in 2005 by Thierry Déau, with the conviction that aligning
the interests of the public and private sectors can provide
solutions to the essential needs of communities. A “société à
mission”, as defined under French law, Meridiam specialises in the
long-term development, financing and management of sustainable
public infrastructure in three sectors: mobility of goods and
people, the energy transition and the environment, and social
infrastructure. Meridiam currently manages $8 billion in assets and
over 80 projects. Meridiam is ISO 9001: 2015 certified, has been
recognised for Advanced Sustainability by Vigeo Eiris, and has
developed its own ESG (environment, social and governance) and
impact assessment methodology, based on the UN Sustainable
Development Goals (SDD or SDG).www.meridiam.com
Meridiam Meridiam
Press Contacts
- VINCI: Press Relations : +33 1 47
16 31 82 - media.relations@vinci.com
- Meridiam: Antoine Lenoir : +33 6
07 50 75 85 - a.lenoir@meridiam.com
- CPVINCI_CLOSINGD4_20210429_VA
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