Port of Miami Tunnel

Investments

  • USA

Port of Miami Tunnel

Project description

The Project comprises the construction and management of a 1.6 km tunnel linking the Port of Miami to the MacArthur Causeway. The concession company receives FDOT payments over the term of the concession based on the availability of the tunnel.


Awards

- Project Finance Magazine Deal of the Year Awards 2009 : NA Transport Deal of the Year
- Project Finance Magazine Deal of the Year Awards 2009 : Global Deal of the Year
- PFI Awards 2009 : PPP Deal of the Year (Americas)
   - Infrastructure Investor Awards 2009 : North American Infrastructure Deal of the Year
- Infrastructure Investor Awards 2009 : Global PPP transaction of the Year 
- Infrastructure Investor Awards 2009 : NA PPP transaction of the Year 

 

Facts and figures: 

Project type: 

  • Road

Originating fund: 

Meridiam I

Overall investment: 

US$ 903m

Concessionaire: 

MAT Concessionaire, LLC

Partners: 

Meridiam (93.4%), Bouygues Construction (6.6%)

Public partner: 

Florida Department of Transportation (FDOT), Miami-Dade County, City of Miami

Date of closing: 

October 2009

Current status: 

  • Operations

Date of entry into service: 

August 2014

Concession period: 

35 years

Photo gallery

Latest investments

Turkey
Date of closing: December 2014
Canada
Date of closing: May 2014
United Kingdom
Date of closing: February 2014

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