PPPs financed by the European Investment Bank since 1990
April 2013
European PPP Expertise Centre PPPs financed by the European Investment Bank since 1990
Terms of Use of this Report
The European PPP Expertise Centre (EPEC) is a joint initiative involving the European Investment Bank (EIB), the European Commission, Member States of the European Union, Candidate States and certain other states. For more information about EPEC and its membership, please visit www.eib.org/epec.
No EPEC member, including the EIB and the European Commission, accepts any responsibility regarding the accuracy of the information contained in this report or any liability for any consequences arising from the use of this report. Reliance on the information provided in this report is therefore at the sole risk of the user.
EPEC authorises the users of this report to access, download, display, reproduce and print its content subject to the following conditions: (i) when using the content of this document, users should attribute the source of the material and (ii) under no circumstances should there be commercial exploitation of this document or its content.
Purpose and Methodology
This report is part of EPEC’s work on monitoring developments on the European PPP market. It is intended to provide an overview of the role played by the EIB in financing PPP projects in Europe since 1990.
This report covers a wide range of PPP transactions (e.g. design-build-finance- operate, design-build-finance-maintain, concession arrangements which feature a construction element, the provision of a public service and a risk sharing between the public and the private sector), regardless of the type of financing provided by the EIB (e.g. project finance, sovereign lending). Portfolio loans to small PPP projects and investments in equity PPP funds are not listed in this report.
The term “amount” represents the lending commitment of the EIB at the date of signature of the main loan contract. In some cases, this amount is the aggregate of a series of loan contracts for a same project. The commitment amounts may differ from the actual amounts disbursed.
April 2013 page 2 / 17 European PPP Expertise Centre PPPs financed by the European Investment Bank since 1990
2012
Amount Country PPP Project Sector (EUR million)
Contournement Nimes - FRANCE Transport 306 Montpellier
IRELAND Irish Schools Bundle III Education 50
Metro de Granada PPP Transport 250
SPAIN Madrid-Alicante High Speed Train Signalling and Transport 78 Telecommunications PPP
TURKEY EurAsia Tunnel PPP Transport 270
IEP – Intercity Express UNITED KINGDOM Transport 291 Programme
2011
Amount Country PPP Project Sector (EUR million)
E18 Koskenkylä - Kotka FINLAND Transport 134 Priority LGV Bretagne - Pays de la Transport 553 Loire
FRANCE LGV Sud Europe Atlantique Transport 1186
Autoroute A63 Transport 184
A8 Motorway Augsburg - GERMANY Transport 209 Ulm Malaga - Las Pedrizas Transport 130 motorway SPAIN Hospital de Burgos Health 128
UNITED KINGDOM Nottingham Express Transit Transport 129
April 2013 page 3 / 17 European PPP Expertise Centre PPPs financed by the European Investment Bank since 1990
2010
Amount Country PPP Project Sector (EUR million)
FRANCE GSM-Railway Transport 280
IRELAND Irish Schools Education 45
A15 Motorway: Maasvlakte Transport 140 - Vaanplein NETHERLANDS A12 Motorway: Lunetten - Transport 74 Veenendaal A1 Motorway: Strykow - POLAND Transport 225 Pyrzowice
PORTUGAL Pinhal Interior Motorway Transport 345
Zaragoza Tramway Transport 175
C-25 Motorway - Eix Transport 300 Transversal SPAIN Barcelona Metro - Line 9 Transport 400
Rolling Stock for Madrid Transport 188 Metro Network New Karolinska University Health, SWEDEN 699 Hospital Education
UNITED KINGDOM Southmead Hospital Health 287
April 2013 page 4 / 17 European PPP Expertise Centre PPPs financed by the European Investment Bank since 1990
2009
Amount Country PPP Project Sector (EUR million)
GERMANY A5 Motorway Widening Transport 225
GREECE Hellenic Fire Service Services 9
Health, University Hospital of Braga 65 Education PORTUGAL Baixo Alentejo Motorway Transport 225
SPAIN Hospital Son Dureta Health 130
BSF Education Education 243
Enniskillen Acute Hospital Health 137
UNITED KINGDOM M25 Motorway Widening Transport 448
Manchester Waste Waste 195
M80 Motorway Transport 158
April 2013 page 5 / 17 European PPP Expertise Centre PPPs financed by the European Investment Bank since 1990
2008
Amount Country PPP Project Sector (EUR million)
BELGIUM Liefkenshoek Rail Tunnel Transport 313
Tram network of Reims Transport 108
A88 Motorway: Falaise FRANCE Transport 103 West - Sées A19 Motorway: Courtenay - Transport 200 Artenay
GREECE E-K-P-P-T Motorway Transport 200
M6 Motorway: Dunaujvaros HUNGARY Transport 200 - Szekszard
Rome Fiumicino Airport Transport 80 ITALY Turin Waste Incinerator Waste 273
NETHERLANDS Second Coen Tunnel Transport 194
A1 Motorway: Nowe Marzy POLAND Transport 575 - Torun
Transmontana Transport 289
A4/IP4 Motorway: PORTUGAL Transport 200 Amarante-Vila Real IC 24 Motorway Douro Transport 350 Litoral National Expressways SPAIN Transport 211 Improvement Dumfries & Galloway UNITED KINGDOM Education 79 Schools
April 2013 page 6 / 17 European PPP Expertise Centre PPPs financed by the European Investment Bank since 1990
2007
Amount Country PPP Project Sector (EUR million)
FRANCE Millau Viaduct Transport 143
A4 Motorway: Eisenach GERMANY Transport 89 bypass K-T-K A7 Motorway: Tripoli GREECE Transport 150 - Kalamata M50 Motorway: Dublin Transport 120 bypass M7 - M8 Motorways: IRELAND Casteltown - Portlaoise - Transport 116 Cullahill N6 Carriageway: Galway - Transport 70 Ballinasloe
Road Network in Azores Transport 180 PORTUGAL IC16 - IC30 Greater Lisbon Transport 105 Roads Metro Train Sets for Madrid SPAIN Transport 306 Region A1 and A4/A5 Road Transport 169 Corridors Upgrade
Newcastle Schools Education 79
UNITED KINGDOM Wakefield Hospitals Health 221
North Staffordshire Health 227 Hospitals
Forth Valley Acute Hospital Health 190
April 2013 page 7 / 17 European PPP Expertise Centre PPPs financed by the European Investment Bank since 1990
2006
Amount Country PPP Project Sector (EUR million)
AUSTRIA Ostregion Transport 350
Brussels Wastewater Water, BELGIUM 96 Treatment sewerage Thessaloniki Submerged GREECE Transport 152 Tunnel M7 Limerick Southern Ring Transport 98 Motorway IRELAND Waterford Toll Road Transport 75
E18 Motorway: Grimstad - NORWAY Transport 198 Kristiansand
Expressway: Reus-Alcover Transport 26
Expressway: Cuellar- SPAIN Transport 46 Valladolid Light Railway Network in Transport 325 Malaga
Cornwall Waste Waste 120
Birmingham Hospital Health 365
St Helens And Knowsley Health 218 Hospitals Water, UNITED KINGDOM Northern Ireland Water 85 sewerage Royal London Barts Health 359 Hospitals
Scottish Highland Schools Education 88
M1 and M2 Motorways Transport 90
April 2013 page 8 / 17 European PPP Expertise Centre PPPs financed by the European Investment Bank since 1990
2005
Amount Country PPP Project Sector (EUR million)
E18 Motorway: Muurla - FINLAND Transport 153 Lohja M6 Motorway: Budapest - HUNGARY Transport 200 Dunaújváros
ITALY Mestre Hospital Health 70
A1 Motorway Gdansk - POLAND Transport 500 Nowe Marzy Expressway: Santiago - SPAIN Transport 54 Brion
Argyll and Bute Schools Education 81
North Lanarkshire Schools Education 103 UNITED KINGDOM Woolwich Arsenal Rail Transport 148 Extension
Newcastle Hospital Health 167
April 2013 page 9 / 17 European PPP Expertise Centre PPPs financed by the European Investment Bank since 1990
2004
Amount Country PPP Project Sector (EUR million)
AUSTRIA Europpass LKW Maut Transport 48
M8 Motorway Fermoy Transport 65 IRELAND M1 Motorway: Dundalk Transport 65 Bypass Water Infrastructures in Water, ITALY 44 Arezzo sewerage N31 Motorway: Leeuwarden NETHERLANDS Transport 25 - Nijega
NORWAY E39 Trunk Road Transport 75
Litoral Centro Motorway: PORTUGAL Transport 264 Marinha Grande - Mira Los Vinedos Motorway : Transport 143 Toledo - Tomelloso SPAIN Light Metro Line in Greater Transport 260 Seville
Manchester Hospitals Health 251
UNITED KINGDOM Cornwall Schools Education 345
North East London Health 142 Hospitals
April 2013 page 10 / 17 European PPP Expertise Centre PPPs financed by the European Investment Bank since 1990
2003
Amount Country PPP Project Sector (EUR million)
Graz Intermodal Freight AUSTRIA Transport 40 Centre M4 Motorway: Kinnegad - Transport 103 Kilcock
IRELAND National Maritime College Education 29
Irish Schools Education 38
Wastewater Treatment Water, NETHERLANDS 125 Delfland sewerage R-3 and R-5 Motorways Transport 300 serving Madrid Tram System in Greater SPAIN Transport 125 Barcelona R-4 Motorway: Madrid - Transport 360 Ocaña A1 Motorway: Darrington - Transport 167 Dishforth
Blackburn Hospital Health 72 UNITED KINGDOM Rotherham Schools Education 70
London Underground - Bis Transport 880
April 2013 page 11 / 17 European PPP Expertise Centre PPPs financed by the European Investment Bank since 1990
2002
Amount Country PPP Project Sector (EUR million)
GERMANY Rostock Road Tunnel Transport 105
PORTUGAL Greater Oporto Motorway Transport 300
R-2 Motorway: Madrid - Transport 120 Guadalajara SPAIN Motorway: Pampelona - Transport 175 Logroño
London Underground Transport 1349 UNITED KINGDOM London Underground’s Energy 71 Electricity Network
April 2013 page 12 / 17 European PPP Expertise Centre PPPs financed by the European Investment Bank since 1990
2001
Amount Country PPP Project Sector (EUR million)
Travequerung GERMANY Transport 80 (Herrentunnel) High Speed Rail: NETHERLANDS Transport 400 Amsterdam-Belgian border
Algarve Motorway Transport 130 PORTUGAL Beira Litoral/Beira Alta Transport 470 Motorway Tramway in the Barcelona Transport 136 Metropolitan area AP71 Motorway: Leon - SPAIN Transport 42 Astorga
Motorway: A6 - Avila Transport 100
Edinburgh Schools Education 59
UNITED KINGDOM Kirklees Schools Education 40
Dudley Hospitals Health 113
April 2013 page 13 / 17 European PPP Expertise Centre PPPs financed by the European Investment Bank since 1990
2000
Amount Country PPP Project Sector (EUR million)
GREECE Rion-Antirion Bridge Transport 370
A2 Motorway: Southern POLAND Transport 275 Poznan Section
Interior Norte Motorway Transport 324 PORTUGAL Costa Da Prata Motorway Transport 190
M-45 Motoway: Madrid Transport 149 Urban Motoway SPAIN Motorway shadow toll road: Transport 13 Murcia Region
Glasgow Schools Education 166
UNITED KINGDOM Sheffield Schools Education 46
A13 Road: Limehouse - Transport 150 Wennington
1999
Amount Country PPP Project Sector (EUR million)
Weser Tunnel Transport 98 GERMANY Engelbergbasistunnel Transport 173
NETHERLANDS HSL Zuid Transport 400
Chaves Motorway Transport 450 PORTUGAL Aguas de Santa Maria da Water, 80 Feira sewerage
April 2013 page 14 / 17 European PPP Expertise Centre PPPs financed by the European Investment Bank since 1990
1998
Amount Country PPP Project Sector (EUR million)
PORTUGAL Leira Motorway Transport 209
Falkirk Schools (Scotland) Education 56
Channel Tunnel Rail Link Transport 290 UNITED KINGDOM Porterbrook Rolling Stock Transport 172
Welsh Roads - A55 Transport 81
1997
Amount Country PPP Project Sector (EUR million)
DENMARK Oeresund Link 2 Transport 1088
UNITED KINGDOM Scottish Roads - M6 Transport 122
April 2013 page 15 / 17 European PPP Expertise Centre PPPs financed by the European Investment Bank since 1990
1996
Amount Country PPP Project Sector (EUR million)
DENMARK Great Belt Link 4 Transport 1069
Essi Motorway 1 & 2 Transport 223 GREECE New Athens Intern. Airport Transport 999
Channel Tunnel Rail Link Transport 119 UK UNITED KINGDOM UK Roads Transport 237
1995
Amount Country PPP Project Sector (EUR million)
DENMARK Oeresund Link Transport 677
The Fourth Tube Elbe GERMANY Transport 100 Tunnel 1&2
PORTUGAL Seg.Ponte Rodoviaria Transport 306
1994
Amount Country PPP Project Sector (EUR million)
DENMARK Great Belt Link 3 Transport 784
April 2013 page 16 / 17 European PPP Expertise Centre PPPs financed by the European Investment Bank since 1990
1993
Amount Country PPP Project Sector (EUR million)
DENMARK Great Belt Link 2 Transport 398
UNITED KINGDOM Skye Bridge Transport 17
1992
Amount Country PPP Project Sector (EUR million)
UNITED KINGDOM Second Severn Crossing Transport 176
1990
Amount Country PPP Project Sector (EUR million)
DENMARK Great Belt Link Transport 246
April 2013 page 17 / 17