Grand Est regional rail “Nancy-Contrexéville” – Rail concession

• Rail concession for the renovation, maintenance, operation and financing of 2 light rail transit lines (NCV and BPV)
• These projects have been launched by the Grand Est Region as part of the drive to liberalize the French rail industry, with Grand Est Region being pioneer in opening up the line to full competition and vertical integration
• Investment: c. 150M€

Key Achievements

Financial advisory :

• Participation in financial structuring and negotiations, chairing the financial committee
• Competitive bidding and setting up a pool of lenders (prospecting, NDA, TS negotiations, etc.)
• Financial documentation production: MIPs, sensitivities, briefs, etc.

Financial Modelling :

• Production ex nihilo of bidding financial model and related notes (user guide, summary sheet, etc.)
• Design of a single calculation tab to facilitate the flow of information and improve the readability of the file
• Production of operational models after success award for NCV line

Expertise and added value

• Tailor-made modelling to facilitate the audit and understanding of the project and its issues
• PPP expertise to identify areas of risk and optimize risk allocation between the various stakeholders
• Knowledge of the ecosystem of French and European commercial and institutional lenders, making it possible to build up a relevant pool of funders (efficiency and competitiveness)
• Stability of the team to ensure that expertise is maintained throughout the procedure (4 years)