Meridiam acquired from Leitner S.p.A., an Italian leader in manufacturing cable-based transportation solutions, a 72% stake in PisaMover S.p.A., the concessionaire in charge of the operation and maintenance of an electric-powered driverless people mover system connecting in five minutes Pisa International Airport to Pisa Centrale railway station, and of two parking facilities located along the Firenze – Pisa – Livorno highway.
PisaMover offers an efficient, sustainable transportation solution to connect Tuscany’s largest airport to Pisa’s city centre and many other destinations easily reachable from there by train, including Firenze, the Versilian riviera, and Cinque Terre. Moreover, it actively contributes to relieve road traffic and congestion by incentivizing commuters, tourists, and business travelers to use public transportation to penetrate the city, reducing the CO2 emissions in the area and making Pisa a more attractive and better place to live.
The Project contributes to several UN Sustainable Development Goals, notably:
PisaMover has been in operation since March 2017 and has been developed pursuant to a long-term concession agreement signed with the Municipality of Pisa and its subsidiary Pisamo. It runs from 6 a.m. to 12 a.m. (midnight), 365 days per year, and has a capacity of 1,100 passengers per hour per direction.
The project is part of Meridiam’s strategy to invest in sustainable mobility, including transport links improving accessibility to local airports. Moreover, PisaMover represents Meridiam’s first investment in the cable-based transportation sector, one of the most innovative technologies for urban mobility, realized in partnership with Leitner group, a worldwide leader of this sector.
Image rights @Leitner S.p.A.