Stibbe advised the consortium 3Angle B.V., comprising of Heijmans Capital (a joint venture of Heijmans and 3i Infrastructure), 3i Infrastructure and Fluor Infrastructure, in connection with all legal aspects of the PPP A27/A1 road project.
The contract value of the project on the basis of Design, Build Finance and Maintain (DBFM) amounts to approximately € 220 million. Financial close was achieved on 4 October 2016. The project includes the widening of the A27 from 2x2 to 2x3 lanes, as well as the widening of the A1 from 2x2 to 2x4 lanes. 3Angle will also widen the A27-A1 connecting curve within the Eemnes junction.
Read the press release of Heijmans.