We are FCC Nº22

The Sotra Link consortium has reached financial close on the €2 billion Sotra Connection PPP project. The consortium consists of Macquarie Capital; SK ecoplant, a South Korean civil engi- neering company; and Webuild, an Italian indus- trial group. It is worth noting that this is the largest road in- frastructure contract in the history of Norway, one of the largest contracts awarded in Europe in 2021 and also the most complex developed by the Norwegian government as part of its National Transport Plan 2018-2029. Opening in 2027 Sotra Link was selected as preferred bider for the Sotra Connection PPP project by the Norwegian Public Roads Authority (NPRA) last year, and will The Sotra Link consortium reaches financial close on the Sotra Connection PPP dual carriageway FCC Construcción strengthens its presence in Norway operate and maintain the highway for 25 years after it opens in 2027. The design and construc- tion of the project will be executed by Webuild and FCC Construction, together with SK eco- plant. On the other hand, it will be operated by Hungary’s Intertoll. The public-private partnership (PPP) contract includes the financing, design, construction, operation and maintenance of a 9.4-kilometre four-lane road, located in the Norwegian county of Vestland. The project aims to improve travel between Bergen and the island of Sotra on the west coast and includes the construction of twin 4.6-kilometre-long tunnels and a four-lane bridge of about 900 metres, as well as three smaller bri- dges. The new road system will have dedicated space for public transport, as well as pedestrian and bicycle access. In addition, the project inclu- des the construction of three smaller bridges. A large-scale project involving a 2billion euro portfolio that will become the largest road infrastructure in the Scandinavian country. This is the largest road infrastructure contract in the history of Norway and one of the largest contracts awarded in Europe in 2021 construction N E G O C I O S B U S I N E S S 17