Oct 22, 2020
Meridiam won a contract to develop the Miami Beach Monorail project
Miami Beach Monorail Consortium led by Meridiam was just awarded a contract to develop a sustainable and mass-public transit link between downtown Miami and the city of Miami beach.
This 5.6 km (3.5 mile) innovated elevated monorail will enhance Miami-Dade County’s standing as a smart city. It will provide a resilient, safe and constant connection between downtown Miami and the city of Miami Beach and will serve as a vital link between the two cities in preparedness of both rising sea levels and the threat of storm surge during hurricanes.
Oct 6, 2020
First public private training program for African infrastructure public sector commences
Today the Global Infrastructure Hub (GI Hub) and Meridiam announced the commencement of training for the first cohort of fellows of the Africa Infrastructure Fellowship Program (AIFP), a public-private initiative designed to upskill African government infrastructure specialists and enable them to facilitate increased investment in a pipeline of new sustainable infrastructure developments.
Oct 1, 2020
Meridiam and Vinci sign the concession contract for the Nairobi - Nakuru - Mau Summit Highway in Africa
Meridiam, Vinci Concessions and The Republic of Kenya signed a concession contract for the development and construction of the Nairobi - Nakuru - Mau Summit highway on September 30,2020 in the presence of Emmanuel Macron, President of the French Republic, and Uhuru Kenyatta, President of the Republic of Kenya. This 1.3 billion euro project, which is a 50/50 partnership with Vinci Concessions, is one of the largest Public Private Partnership projects in East Africa. It calls for the design, financing, widening and renovation work, operation and maintenance of the new 175-km highway for 30 years.
Sep 25, 2020
Successful refinancing of LBJ Express, a USD 2.6 billion highway project in USA
Meridiam completed the refinancing of LBJ Express (LBJ), a $2.6 billion highway reconstruction project, located in Dallas County, Texas, in the USA. This refinancing will significantly reduce the costs of the 52-year concession, which has been fully operational for five years, and leaves the project with a more robust financial structure. Even during the current health crisis, the sustainable performance of this managed lanes project in North Dallas and the favorable terms of the bond market made the refinancing possible. The refinancing consists of the issuance of tax-exempt bonds (PABs), for total proceeds of $615M, to replace those issued in 2010 as part of the original financing of the project.
Sep 15, 2020
Meridiam joins 150 business leaders and investors to push for higher 2030 emissions reduction targets
Meridiam signs letter calling on EU policymakers to support an EU 2030 greenhouse gas (GHG) emissions reduction target of at least 55 per cent, necessary to raise the pace and focus of transition efforts for the EU to become a climate-neutral continent by 2050.
Sep 8, 2020
Why sustainable infrastructure is a key part of rebuilding the post-COVID economy
[Open Letter - Thierry Déau]