construction workers in orange working clothes at construction site

    Roads

    We finance the extension and operation of motorways, the repair and maintenance of roads, tunnels, footways and bridges as well as traffic lights and energy-efficient road lighting.

    Financing case: Blankenburg Tunnel in the Netherlands

    KfW IPEX-Bank is participating in the financing with EUR 75 million.

    Project profile - financing:

    • Project financing with a total financing volume of EUR 900 million; the project sponsor will also be in charge of the maintenance work, a nonstandard approach for the Dutch market.
    • Financing is provided by international funders Belfius, BNG, KBC, KDB, MEAG, Samsung Life, SMBC and KfW IPEX-Bank, as well as the European Investment Bank (EIB).
    • PPP project between the Dutch Ministry of Infrastructure and Environment ‘Rijkswaterstaat’ and the sponsors Ballast Nedam, DEME and Macquarie.
    • The financing structure of the PPP project covers both the construction and maintenance period of the project, lasting approx. 25 years total. Construction is envisioned to take approx. 5 years, followed by an approx. 20 year maintenance period.
    • Construction parties of the project comprise Ballast Nedam Infra BV, DIMCO and Dredging International.
    • Blankenburg Tunnel is a project under the Investment Plan for Europe (known as the Juncker Plan).

    Contribution of KfW IPEX-Bank:

    • Contribution of KfW IPEX-Bank to the financing: EUR 75 million.
    • KfW IPEX-Bank is acting as Mandated Lead Arranger, Bookrunner and Modelling Bank.

    Project profile: Blankenburg Tunnel

    • Construction of a new 4 km stretch of the A24 motorway including a roughly 1-km-long immersed tunnel and an approx. 0.5-km-long land tunnel.
    • This new section will connect the A15 and A20 motorways, enabling easier access to the greater Rotterdam region.

    With this financing KfW IPEX-Bank is supporting the expansion of infrastructure and a project in the interest of the European community.

    Contact: Aida Welker, Global Head of Infrastructure

    KfW IPEX-Bank
    Palmengartenstraße 5-9
    60325 Frankfurt am Main
    Germany