Portfolio

A92 Road, UK

Project capex

£54 million

Concession

32 years

HICL holding

50.00%

Sector

Transport

Region

UK

Finance, upgrade/construct, operate, and maintain a road for Angus Council

The A92 Road project is a 32 year concession to finance, construct, operate, and maintain the upgraded A92 shadow toll road between Dundee and Arbroath for the client, Angus Council.

The project reached financial close in September 2003 and had capital expenditure of £54 million.

Construction works were carried out by Morgan Sindall plc, and were completed in December 2005.

The ongoing operations and maintenance are carried out by Ringway Infrastructure Services Limited, guaranteed by Eurovia Group (formerly Ringway Group Limited), part of the Vinci group, under a 10 year contract until 2021.