PF Archive

Tours-Bordeaux high-speed rail set for 2011 close

08 12 2010

The Vinci-led LGVSEA consortium is likely to close the financing for the Eu7 billion Tours-Bordeaux high speed rail PPP concession in early 2011, because coordinating the project's various subcontracts is taking longer than expected. When Resau Ferre de France, the grantor, named Vinci, along with CDC Infrastructure and Axa Private equity, preferred bidder in March 2010,...