Sacyr Concesiones Value Creation Shareholders We have received six awards for the I-10 Calcasieu River Bridge in Louisiana

Value for Shareholders

We have received six awards for the I-10 Calcasieu River Bridge in Louisiana

The Bond Buyer, Project Finance International, Proximo Infra, IJGlobal and ARTBA have recognized our project and its financial close with these prizes

Sacyr Concesiones

The I-10 Calcasieu River Bridge project is the largest and most complex P3 by finance ever developed in the state of Louisiana. It will significantly impact its thousands of daily users’ quality of life. This is evidenced by the Community Impact of the Year Award that it has received from the American Road & Transportation Builders Association (ARTBA) as part of its 2025 P3 Awards.

It has also received several awards due to is successful financing close:

  • Deal of the Year Award in the ‘Public-Private Partnership Financing’ category, awarded by The Bond Buyer.
  • PFI P3 Deal of the Year 2024, from Project Finance International.
  • Proximo North America Roads Deal of the Year Award 2024, from Proximo Infra.
  • Transport Deal of the Year Award 2024: Bridges North America, from IJGlobal.
  • Innovation of the Year Award 2025, from ARTBA.

This award recognizes innovation in municipal finance, that in this case has both public and private funding sources. The State of Louisiana will contribute almost US$1.2 billion (€1.01 billion) during construction, which will be paid in line with certain construction milestones. The long-term financing includes a US$1.33 billion (€1.22 billion) issue of tax-exempt Private Activity Bonds (PABs). This issue is divided into four different financing tranches with maturities between 2054 and 2066. The issuers were J.P. Morgan Securities LLC and Wells Fargo Bank, N.A. The remaining private capital will be provided by CBP partners.

This P3 project comprises the design, construction, operation, and maintenance of Calcasieu River Bridge, located on the Interstate 10, during a 50-year period. This 9 km-section connects the cities of Lake Charles and Westlake.

The works to be developed include replacing the existing 70-year bridge, reconstructing six lanes of the highway, building several additional structures, and introducing a ‘free flow’ toll. This P3 requires total capital expenditures of US$3.37 billion (€3.1 billion), and a construction budget of US$2.27 billion (€2.08 billion).