Silvertown Tunnel
Invesis – as part of the RiverLinx consortium, comprising Macquarie Capital, Cintra, Aberdeen Standard Investments, and SK E&C – are designing, building, financing, operating and maintaining the new Silvertown Tunnel for Transport for London (TfL).
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The challenge
The iconic and award-winning Silvertown Tunnel is a vital piece of infrastructure to prepare for London’s future population growth and relieve chronic traffic congestion and poor air quality around the existing Blackwall tunnel.
The design of the tunnel includes a 1.4 km twin-bore road tunnel under the River Thames as well as 0.6km of access ramps. It will connect south of the River Thames with the access to the existing Blackwall Tunnel and north of the River Thames with the Tidal Basin Roundabout, in Silvertown.
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The experts
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The solution
The project utilises the largest Tunnel Boring Machine in the UK and will play a vital role in reducing congestion, increasing connectivity and delivering economic benefit to east London.
According to the judges for the Partnership Awards jury (who awarded the project the award for best road, tunnel project in 2020), Silvertown Tunnel “is a pioneering project in the United Kingdom with a customized financial plan. We were impressed with the efficiency of the contractual framework between the parties and its social and environmental impact.”
years
Contract duration
Transport for London
Client
Ivesis (22.5%) Cintra (22.5%) Macquarie (22.5%) Aberdeen (22.5%) and SK E&C (10%)
sponsor/investor
