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Press releases

VINCI finalises financing for A9 motorway section in Germany

21 September 2011 - Projects update and handover - Germany

Via Gateway Thüringen, a company owned 50% by VINCI Concessions (leader) and 50% by BAM PPP, recently finalised financing for the A-Modell public-private partnership covering a section of the A9 motorway, which was awarded to the company by the German government in August this year (see press release of 4 August 2011).

The contract calls for the financing, design, widening of 19 km to 3-lane dual carriageway and refurbishment of a 46.5 km section of the A9 motorway linking Berlin and Munich,
followed by its operation and maintenance for 20 years. The section is located between the Lederhose interchange in Thuringia and the Bavarian border.

The project, which represents a total investment of about €220 million, will be financed by a bank loan of €120 million with a maximum maturity of 19.5 years issued by two commercial banks, BBVA and KfW IPEX; an €88 million subsidy from the Federal Government and approximately €12 million in equity contributed by the project company’s shareholders.

This is the first A-Modell partnership contract in Germany that includes no traffic risk. The concession company will be paid a fee calculated on the basis of the motorway section's availability to traffic.

The partnership contract will come into force on 1 October 2011. The works, scheduled to take approximately three years, will be executed by a construction consortium led by Eurovia and Wayss & Freytag Ingenieurbau, a Royal BAM subsidiary.


VINCI is a global player in concessions and construction, employing more than 183,000 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, above and beyond economic and financial results, we are committed to operating in an environmentally and socially responsible 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.