Rubicon Infrastructure Advisors has announced that the refinancing of two Irish PPP projects, the Schools Bundle 3 project and the N11 motorway project, have successfully reached financial close, with the support of the existing lenders, Bank of Ireland and EIB. Both projects are brownfield availability-based PPP projects with a track record of solid operations. The transactions are owned by BAM and PGGM through their successful joint venture BAM PPP PGGM Infrastructure Coöperatie U.A.
These transactions follow the successful refinancing of five other PPP projects in Switzerland and the Netherlands with BAM-PGGM, where Rubicon also acted as a financial adviser to the respective concessionary companies and their shareholders.
Rubicon is an investment banking firm focused solely on the infrastructure, energy and utilities sectors.
By Jody Barhanovich. Published on February 20, 2019.