COLAS (EPA:RE) - PR Colas - Signature of P3 BRT Contract in Cayenne, French Guiana

Transparency directive : regulatory news

20/12/2019 17:45

PRESS RELEASE

Paris, December 20, 2019

           SIGNATURE OF P3 BRT CONTRACT IN CAYENNE, FRENCH GUIANA

Today, the Communauté d'Agglomération du Centre Littoral de Guyane (CACL)
signed a 33 1/2- year public-private partnership (P3) contract with the project
company IBYS for the design, construction, financing and maintenance of a Bus
Rapid Transit (BRT) network. IBYS is comprised of Colas Projects, a Colas Group
company dedicated to major projects, Ribal Travaux Publics, a Colas Group
company in French Guiana, and FIDEPPP2 investment fund.

The project involves the construction of two BRT lines, for a total length of
10.1 km, which will serve 21 stations along the key points in the city of
Cayenne, such as the Andrée-Rosemon Hospital and the University of French
Guiana, thus recreating links between districts.

In addition to the construction of the two bus lines and the stations, the
designer-build consortium, made up of Colas Projects and Ribal TP, will also
build a park & drive lot, two multimodal interchange hubs, and a maintenance
and storage center. It will also partially redevelop the surrounding public
spaces, thus bolstering urban regeneration across the city of Cayenne. The
network will be opened to traffic by mid-2023, after a period of 42 months of
studies and construction work.

Ribal TP will also maintain the two lines over a period of 30 years for an
amount of 45 million euros, backed by a dedicated 100% local team.

The contract value for the construction work amounts to 135 million euros,
financed by a combination of equity provided by Colas and FIDEPPP2, debt
provided by RIVAGE, an institutional investor, and public funding provided by
the CACL, France and the European Union.

The signing of this PPP contract highlights Colas' expertise in setting up and
managing contracts with financing, and in the construction of urban transport
infrastructure.

Over the past five years, Colas has won numerous BRT design-build contracts in
France and in the French Overseas zones , notably in Lens, Bayonne,
Saint-Brieuc, Pau, Rouen, Lorient, Nouméa, Le Lamentin, Fort-de-France.

The Cayenne BRT is the second major P3 infrastructure contract won by the Colas
Group in 2019, in the wake of Liège Belgium Tramway, signed in January.

Colas (www.colas.com)

Colas, a subsidiary of the Bouygues Group, is a world leader whose mission is
to promote transport infrastructure solutions for sustainable mobility. With
58,000 employees in more than 50 countries on five continents, the Group
performs some 85,000 road construction and maintenance projects each year via
800 construction business units and 2,000 material production units.

In 2018, consolidated revenue at Colas totaled 13.2 billion euros (51% outside
of France). Net profit attributable to the Group amounted to 226 million euros.

                        For further information:
       Delphine Lombard (tel.: +33 6 60 07 76 17) / Rémi Colin
          (tel.: +33 7 60 78 25 74) contact-presse@colas.fr
      Jean-Paul Jorro (tel.: +33 1 47 61 74 23) / Zorah Chaouche
          (tel.: +33 1 47 61 74 36) contact-investors@colas.fr

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06/11/2023 17:45

COLAS (EPA:RE) - PR Colas - Signature of P3 BRT Contract in Cayenne, French Guiana

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