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Eiffage S.A.
Regulatory Filings • Jan 5, 2022
1275_iss_2022-01-05_ac3456b0-333f-43bb-a6d4-0b2e9defee80.pdf
Regulatory Filings
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Vélizy-Villacoublay, 5 January 2022 17:40
Press release
Eiffage and Senegal sign an amendment to the concession agreement for the Autoroute de l'Avenir motorway
On 22 December 2021, Eiffage and its subsidiary SECAA, operator of the Autoroute de l'Avenir, signed an amendment to the concession agreement with Senegal confirming the state's acquisition of a 25% stake, in accordance with their contractual commitments.
The amendment also adjusted the fee for the use of this public property, froze toll price thresholds until 31 December 2025, modified the profit sharing clauses, instructed the concession holder to make additional investments in order to maintain the current level of service and extended the length of the concession by five years to bring it to 2044.
The 42 km Autoroute de l'Avenir connects Dakar's city centre to Blaise Diagne International Airport.
Eiffage and Senegal signed the concession agreement on 2 July 2009. The first toll road section went into service on 28 October 2011, and the complete route has been operational since 25 October 2016.
150,000 vehicles used the Autoroute de l'Avenir on average every day in 2021.
About Eiffage
Eiffage, a European leader in building, civil engineering and concessions, operates in construction, property, development, civil engineering, metal, roads, energy systems and concessions. Building on the experience of more than 72,000 employees, the Group generated revenue of €16.3 billion in 2020, of which nearly 26.5% outside France.
Investor contact Press contact Xavier Ombrédanne Sophie Mairé Tél.: + 33 (0)1 71 59 10 56 Tél.: + 33 (0)1 71 59 10 62 E-mail : [email protected] E-mail : [email protected]