{"id":2016,"date":"2011-09-21T00:00:00","date_gmt":"2011-09-21T00:00:00","guid":{"rendered":"https:\/\/invesis.localhost\/via-gateway-thuringen-has-reached-financial-close-on-federal-motorway-a9-germany\/"},"modified":"2023-06-22T13:23:17","modified_gmt":"2023-06-22T13:23:17","slug":"via-gateway-thuringen-has-reached-financial-close-on-federal-motorway-a9-germany","status":"publish","type":"post","link":"https:\/\/www.invesis.com\/de\/via-gateway-thuringen-has-reached-financial-close-on-federal-motorway-a9-germany\/","title":{"rendered":"Via Gateway Th\u00fcringen has reached financial close on Federal Motorway A9 (Germany)"},"content":{"rendered":"
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Bunnik, the Netherlands, 21 September 2011 – The consortium Via Gateway Th\u00fcringen GmbH & Co. KG (formerly A9 SixLanes GmbH&Co.KG), a project company consisting of VINCI Concessions and BAM PPP, has reached financial close on the Federal Motorway A9 Lederhose – State Border Thuringia\/Bavaria.<\/p>\n

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The project involves the operation and maintenance of 46.5 km motorway section located between the Lederhose interchange and the border between Thuringia and Bavaria, as well as the widening of the motorway in each direction over a 19 km stretch with refurbishment or replacement of existing structures.<\/p>\n

This is the first project of the \u2018A-Model\u2019 programme with a payment mechanism which is availability based rather than toll based. The A9 connects Berlin with Northern Bavaria and Munich and is deemed of special importance due to the fact that it represents the major North – South connector between the Eastern Federal States and Southern Germany and the gateway to Austria and Italy.<\/p>\n

A three year construction period will commence on 1 October 2011 and will be led by Eurovia and Royal BAM Group subsidiary Wayss & Freytag Ingenieurbau.<\/p>\n

The total investment will be \u20ac220 million. Project financing includes \u20ac120 million in bank debt which will be provided by a consortium of banks consisting of KfW IPEX and BBVA, with a maximum maturity of 19.5 years, a \u20ac88 million subsidy from the Federal Government and equity contributed by the shareholders, amounting to approximately \u20ac12 million.<\/p>\n

Consultants include: Deutsche Bank as Sponsor\u2019s Financial Advisor, Hogan Lovells as Sponsor\u2019s Legal Advisor and Clifford Chance as Lender\u2019s Legal Advisor.<\/p>\n

Further information:<\/p>\n