Discipline: DBFOM
Sector: Infrastructure (Motorways)
Client: Hungarian Ministry of Economy and Transport
Start: 22 December 2015
Duration: 11 years
(Completion date: 02 October 2026)
Description: Investment
Debt:Equity: 85:15
Lenders:
Bayern LB, Commerzbank, KBC Bank NV, KFW Bankengruppe, MKB Bank
Capex: EUR 482 million
Description of the motorway:
M6 motorway forms part of the European road network and runs south from Budapest, the capital of Hungary, to the southern region of the country and the Croatian border. Overall length of the M6 is 190km.
58.6km Motorway south west of Budapest which includes 10 interchanges, 51 over/underpasses, 1 Operation and Maintenance Centre and 4 rest areas. Profile: 2×2 lanes with emergency lane.
Description of the project
Intertoll, Aberdeen Asset Management, and the European Bank for Reconstruction and Development (EBRD)’s acquisition of controlling stakes in M6 Duna Autópálya Koncessziós Zrt, a Hungarian motorway concession company.
The consortium acquired 80% of M6 Duna Autópálya Koncessziós Zrt in a joint transaction where leading Austrian real estate developer UBM Development AG (through its subsidiary PORR Infrastruktur Investment AG) and Bilfinger Project Investments GmbH, each sold identical stakes.
Intertoll Capital Partners (ICP an Aberdeen – Intertoll JV) has has a 12,69% stake in the Concession Company (M6 Duna Autópálya Koncessziós Zrt).
Other role of Intertoll in this project:
Head Office:
BudaWest building
Rétköz útca 5.
H-1118 Budapest, Hungary
Barham Court
Teston
Maidstone
Kent, ME18 5BZ, United Kingdom
Phone - +44 1622 232742
Fax - +44 1622 812089
Pelplin Office
Ropuchy 7a
83-130 Pelplin, Poland
Phone: +48 58 530 66 99
Fax: +48 58 530 66 95
E-mail:
Levent Mahallesi Cömert
Sokak No: 1,
Yapi Kredi Plaza C Block
No: 40-41, Floor: 17
Levent, 34330 Beşiktaş, Istanbul, Turkey
Intertoll Infrastructure Developments BV,
President Kennedylaan 19,
Den Haag 2517 JK,
Netherlands