PPPs financed by the European Investment Bank from 1990 to 2017 February 2018 Terms of Use of this Report The European PPP Expertise Centre (EPEC) is part of the Advisory Services of the European Investment Bank (EIB). It is an initiative that also involves the European Commission, Member States of the EU, Candidate States and certain other states. For more information about EPEC and its membership, please visit www.eib.org/epec. This publication has been prepared to contribute to and stimulate discussions on public- private partnerships (PPPs) as well as to foster the diffusion of best practice in this area. The findings, analyses, interpretations and conclusions contained in this publication do not necessarily reflect the views or policies of the EIB or any other EPEC member. No EPEC member, including the EIB, accepts any responsibility for the accuracy of the information contained in this publication or any liability for any consequences arising from its use. Reliance on the information provided in this publication is therefore at the sole risk of the user. EPEC authorises the users of this publication 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 in the PPP market. It is intended to provide an overview of the role played by the EIB in financing PPP projects inside and outside 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. European PPP Expertise Centre PPPs financed by the European Investment Bank from 1990 to 2017 2017 Amount Country PPP Project Sector (EUR million) AUSTRIA Campus Berresgasse ∗ Education 21 Nord Pas de Calais FRANCE ∗ Telecommunications 185 Broadband GERMANY A7 Salzgitter-Goettingen Transport 213 GREECE Greek Regional Airports ∗ Transport 280 Treviso Hospital ITALY Healthcare 68 Refurbishment ∗ Bursa Integrated Health TURKEY 1 Healthcare 150 Campus * The project is supported by the European Fund for Strategic Investments February 2018 page 1/22 European PPP Expertise Centre PPPs financed by the European Investment Bank from 1990 to 2017 2016 Amount Country PPP Project Sector (EUR million) FRANCE Alsace Broadband ∗ Telecommunications 62,5 A6 Wiesloch-Rauenberg ∗ Transport 299 to Weinsberg Motorway GERMANY A94 Motorway Transport 158 N25 New Ross Road ∗∗ Transport 22 Bypass IRELAND Primary Care Bundle ∗ Healthcare 70 NETHERLANDS A6 Almere Motorway ∗ Transport 79 SLOVAKIA D4/R7 Motorway ∗ Transport 427 Gaziantep Health TURKEY Healthcare 120 Campus UNITED Priority Schools Building Education 72 KINGDOM Programme - Yorkshire ∗ The project is supported by the European Fund for Strategic Investments ∗∗ The project is supported by the EIB/EC Project Bond Initiative February 2018 page 2/22 European PPP Expertise Centre PPPs financed by the European Investment Bank from 1990 to 2017 2015 Amount Country PPP Project Sector (EUR million) Hamina - Vaalimaa E18 FINLAND Transport 102 Motorway Section FRANCE Calais Port ∗∗ Transport 50 GREECE Western Macedonia Waste Environment 13 M11 Gorey to Enniscorthy IRELAND Transport 109 Motorway NETHERLANDS Ijmuiden Sealock Transport 163 Dumfries and Galloway Healthcare 155 Hospital Edinburgh Hospital for Sick Children and Clinical Healthcare 112 Neurosciences Midland Metropolitan ∗ Healthcare 148 Hospital UNITED Papworth Hospital Healthcare 65 KINGDOM Priority Schools Building Education 65 Programme – North East Priority Schools Building Programme - Hertfordshire, Education 88 Luton and Reading Priority Schools Building Education 69 Programme – North West Priority Schools Building Education 88 Programme - Midlands ∗∗ The project is supported by the EIB/EC Project Bond Initiative ∗ The project is supported by the European Fund for Strategic Investments February 2018 page 3/22 European PPP Expertise Centre PPPs financed by the European Investment Bank from 1990 to 2017 2014 Amount Country PPP Project Sector (EUR million) AUSTRIA Zwettl Road Bypass Transport 29 A11 Brugge-Zeebrugge BELGIUM ∗∗ Transport 260 Motorway A7 Bordesholm-Hamburg ∗∗ Transport 157 Motorway GERMANY University Hospital of Healthcare 400 Schleswig-Holstein Attica Schools (Bundles I GREECE Education 36 and II) IRELAND N17-N18 Motorway Transport 143 Milan Metro 4 Transport 300 ITALY Milan Eastern Ring Road Transport 700 A9 Gaasperdammerweg NETHERLANDS Transport 201 Motorway Aberdeen Western Transport 340 Peripheral Route Intercity Express Transport 283 Programme II UNITED KINGDOM M8 Motorway Transport 212 North Yorkshire and York Environment 196 Waste ∗∗ The project is supported by the EIB/EC Project Bond Initiative February 2018 page 4/22 European PPP Expertise Centre PPPs financed by the European Investment Bank from 1990 to 2017 2013 Amount Country PPP Project Sector (EUR million) CROATIA Airport Expansion Zagreb Transport 80 FRANCE Rocade L2 Marseille Transport 155 GERMANY Hochtaunus Kliniken Healthcare 49 IRELAND N11-N7 Motorway Transport 72 ITALY Autostrada BreBeMi Transport 700 NETHERLANDS A1 A6 Motorway Transport 256 Autovia A66 Benavente - Transport 96 Zamora SPAIN Hospital de Vigo Healthcare 140 Metro de Malaga - Phase 1 Transport 325 Alder Hey Hospital Healthcare 63 City of Glasgow College Education 95 UNITED KINGDOM Cornwall Waste Environment 120 Royal Liverpool Hospital Healthcare 108 Thameslink Rolling Stock Transport 498 February 2018 page 5/22 European PPP Expertise Centre PPPs financed by the European Investment Bank from 1990 to 2017 2012 Amount Country PPP Project Sector (EUR million) Contournement Nimes - FRANCE Transport 306 Montpellier IRELAND Irish Schools Bundle III Education 50 Madrid-Alicante High SPAIN Speed Train Signalling Transport 78 and Telecommunications SOUTH AFRICA Khi Solar One Project Energy 50 TURKEY EurAsia Tunnel Transport 270 Intercity Express UNITED KINGDOM Transport 291 Programme February 2018 page 6/22 European PPP Expertise Centre PPPs financed by the European Investment Bank from 1990 to 2017 2011 Amount Country PPP Project Sector (EUR million) E18 Koskenkylä - Kotka FINLAND Transport 134 Priority LGV Bretagne - Pays de la Transport 638 Loire LGV Sud Europe FRANCE ∗∗∗ Transport 1186 Atlantique Autoroute A63 Transport 184 A8 Motorway Augsburg - GERMANY ∗∗∗ Transport 209 Ulm ISRAEL Sorek Desalination Plant Environment 142 JAMAICA Jamaica Toll Road Transport 39 Malaga - Las Pedrizas Transport 130 motorway SPAIN Hospital de Burgos Healthcare 128 Nottingham Express UNITED KINGDOM Transport 129 Transit ∗∗∗ The project is supported by the loan guarantee instrument for Trans-European Network Transport projects (LGTT) February 2018 page 7/22 European PPP Expertise Centre PPPs financed by the European Investment Bank from 1990 to 2017 2010 Amount Country PPP Project Sector (EUR million) CAPE VERDE Cape Verde Wind Power Energy 30 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 SWEDEN Healthcare 699 Hospital UNITED KINGDOM Southmead Hospital Healthcare 287 ∗∗∗ The project is supported by the loan guarantee instrument for Trans-European Network Transport projects (LGTT) February 2018 page 8/22 European PPP Expertise Centre PPPs financed by the European Investment Bank from 1990 to 2017 2009 Amount Country PPP Project Sector (EUR million) DOMINICAN BTA Toll Road Transport 30 REPUBLIC GERMANY A5 Motorway Widening ∗∗∗ Transport 225 Public order GREECE Hellenic Fire Service 9 and safety South North Water JORDAN Environment 166 Conveyor University Hospital of Healthcare 65 Braga PORTUGAL Baixo Alentejo Motorway ∗∗∗ Transport 225 SPAIN Hospital Son Dureta Healthcare 130 BSF Education Education 243 Enniskillen Acute Hospital Healthcare 137 UNITED KINGDOM M25 Motorway Widening Transport 448 Manchester Waste Environment 195 M80 Motorway Transport 158 ∗∗∗ The project is supported by the loan guarantee instrument for Trans-European Network Transport projects (LGTT) ∗∗∗ The project is supported by the loan guarantee instrument for Trans-European Network Transport projects (LGTT) February 2018 page 9/22 European PPP Expertise Centre PPPs financed by the European Investment Bank from 1990 to 2017 2008 Amount Country PPP Project Sector (EUR million) BELGIUM Liefkenshoek Rail Tunnel Transport 313 Tram network of