Meridiam benefits from the financial support of strong sponsors

The Meridiam Infrastructure Fund benefits from the financial and operational support of its sponsors, Crédit Agricole S.A. and AECOM Technology Corporation, which are both active in the PPP field. The Fund’s structure will take advantage of potential synergies with its sponsors, while also guaranteeing a fully autonomous investment process.

 

Crédit Agricole S.A.

Crédit Agricole S.A is a major financial institution leading the French market and operating in 66 countries. It benefits from a AA- rating by Standard&Poor’s. It is providing funds to Meridiam via two wholly-owned subsidiaries.

PREDICA

Founded in 1986, Predica is the life insurance business of the Crédit Agricole Group. It is France’s leading ‘bancassurance’ services provider and the country’s second largest life insurer. Predica’s long-term commitment to infrastructure can be seen by its recent equity subscriptions in the privatisations of the French road operator, SANEF, and Aéroports de Paris.

AECOM Technology Corporation

AECOM, which played the role of first sponsor to Meridiam, is a global provider of professional technical and management support services to a broad range of markets, including transportation, facilities, environmental, energy, water and government.

AECOM is a publicly traded (NYSE:ACM), financially strong company with annual revenues of US$8.0 billion during its fiscal year 2011. The company employs 45,000 people in more than 130 countries worldwide and has clients in both the public and private sectors.

Through its extensive Northern American network, AECOM identifies new investment opportunities which are proposed to Meridiam on a first refusal basis through an arm’s length, independent process. AECOM also offers a strong local and knowledgeable presence in the U.S. to partners of PPP consortia.