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Plenary Sacyr Acciona JV wins Calcasieu River bridge PPP in Louisiana US

Plenary-Acciona-Sacyr JV wins Bridge Concession Contract in Louisiana (US)

Construction Front Team by Construction Front Team
July,2023
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The Louisiana Department of Transportation and Development (DOTD) has selected the Calcasieu Bridge Partners Consortium, consisting of ACCIONA (30%), Plenary Americas (40%), and Sacyr (30%), to enter into exclusive negotiations for the Calcasieu River Bridge concession contract.

The existing bridge over the Calcasieu River is part of Louisiana’s transcontinental Interstate Highway 10 (I-10) and was open for traffic in 1952, connecting the towns of Lake Charles and Westlake.

 At the end of 2019, Officials determined that bridge replacement should proceed, given the structure lifespan and increased demand. This week, the Louisiana Department of Transportation and Development (LaDODT) announced that Calcasieu Bridge Partners Consortium is the preferred tenderer to undertake the bridge replacement contract. 

Existing I-10 Calcasieu River Bridge
Existing Calcasieu River - source: http://www.dotd.la.gov/

New Calcasieu Bridge - Project Summary

Key Info

Details

Project Name

Calcasieu River Bridge Project

Location

Louisiana, USA

Highway

Interstate 10 (I-10)

Contract Details

Design, Build, Finance, Operate, and Maintain a new Calcasieu River bridge.

Contract Style

Concession / PPP (DBFOM)

Contract Value

$2.1 billion (USD)

Concession Period

50 years

Project Scope Summary

New Bridge 8-lane bridge over Calcasieu River 

Demolition existing bridge after upon completion of new asset. 

New Calcasieu Bridge - Concession Contract - Detailed Scope

The project scope involves:

  • Designing and constructing a new eight-lane bridge over the Calcasieu River, featuring three travel lanes and one auxiliary lane in each direction.
  • Modifying and relocating existing roadways and interchanges to optimize traffic flow and connectivity.
  • Demolishing and removing the existing Calcasieu River Bridge once traffic is rerouted to the new bridge.
  • Ensuring the efficient operations and maintenance of the new bridge and its associated roadway.
  • Implementing roadside and back-office systems for toll revenue collection, which will seamlessly integrate with existing LA tolling systems and the Central States US Hub.
  • Establishing tolling operations, including the setup of a customer service center to handle inquiries and support tolling-related services.
Plenary Sacyr Acciona JV wins Calcasieu River bridge PPP in Louisiana US
New Bridge Sketch (Source: Acciona.com)

Calcasieu Bridge Partners - JV Details

The table below contains further information in relation to the Calcasieu Bridge Partners Consortium. 

Calcasieu Bridge Partners

Details

Equity Investors and %

Plenary Americas (40%)

Acciona (30%)

Sacyr (30%)

D&C Contractors

Acciona (50%)

 Sacyr (50%)

O&M Contractor

Plenary Americas, Acciona and Sacyr JV

Tolling Operator

Kapsch TrafficCom USA, Inc.

Calcasieu Bridge Project - Indicative Timelines

Over the coming months, LaDOTD and the Calcasieu Bridge Partners team will work towards reaching financial close, with the Notice to Proceed (contract execution) anticipated to occur in late 2023.

Construction of the new Calcasieu River bridge is expected to be completed by 2031, significantly enhancing transportation capacity and safety along the vital I-10 corridor in Louisiana.

Source: acciona.com ; plenary.com ; dotd.la.gov
Tags: Bridgescontract awardNorth American Market NewsPPP
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