Eiffage S.A.

M&A Activity • Feb 17, 2020

Vélizy-Villacoublay, 17 February 2020 17:40

PRESS RELEASE

Eiffage and JOHANN BUNTE Bauunternehmung win the public-private partnership for the Biebelried-Fürth/Erlangen section of the A3 motorway in Germany

Eiffage, through its subsidiary Eiffage Concessions, in consortium with JOHANN BUNTE Bauunternehmung (50/50), were awarded on 17 February 2020 by Autobahndirektion Nordbayern, on behalf of the Federal Ministry of Transport and Digital Infrastructure (BMVI), the contract for the 30 years public-private partnership Biebelried-Fürth/Erlangen project, an approximatively 76 km long section of the A3 motorway in Germany.

The dedicated company A3 Nordbayern GmbH & Co. KG, especially created for the project will be in charge of the design, the widening from 4 lanes to 6 lanes, the operation and maintenance as well as the partial financing of these services.

Works will be carried out by a construction joint venture including Eiffage Infra-Bau and JOHANN BUNTE Bauunternehmung. Construction is scheduled to start May 2020 with completion of the motorway expected in November 2025. Specific phasing of the works is planned in order to reduce disturbance to the traffic during the works. The total construction volume is around €1.5 billion.

Operation and maintenance will be provided by a joint venture of the same companies. Engaged on the quality level, the project company remuneration is based on availability payment depending on road access at any time for users.

Concerning the environmental aspects, the project will include protection of endangered species and improvement of the existing noise protection system.

The A3 project is the largest motorway infrastructure PPP project concluded in Germany to date.

About Eiffage

Eiffage is one of Europe's leading construction and concessions companies. The Group's activities are organised around the following business lines: construction, real estate and urban development, civil engineering, metal, roads, energy and concessions. Thanks to the experience of more than 70,400 employees, Eiffage generated revenues of €16.6 billion in 2018, of which almost 26% was outside France.

Eiffage press contact Bénédicte Dao benedicte.dao@eiffage.com Tel. +33 1 71 59 22 28