Calais Port 2015: the Caisse des Dépôts Group invests €46mn

The Caisse des Dépôts Group invests €46mn in equity and quasi equity to carry out the Calais Port 2015 project, the works of which were entrusted to Société des Ports du Détroit, the sub-delegated manager of the concessionary (Société d’Exploitation des Ports du Détroit).

Transport
29July2015

Following the signing on 19 February with Nord-Pas de Calais Region of the concession contract for the combined Port of Boulogne-sur-Mer/Calais, and the signing on 13 July of the project financing between the lenders and Société des Ports du Détroit (The Dover Strait Ports Company), of which the Caisse des Dépôts group holds 40% through its subsidiary CDC infrastructure (which is currently being re-internalised), Société d’Exploitation des Ports du Détroit (Dover Strait Ports Operating Company) has obtained the effective transfer of the operation of the ports of Boulogne-sur-Mer and Calais.

The new concession has a duration of 50 years. In addition to updating the facilities of the logistics and fishing sectors of the Port of Boulogne-sur-Mer, the concession plans for Société des Ports du Détroit (which provides most of the financing for the project) to extend the Port of Calais, with, by 2021:

  • the construction of a new 3-km dyke,
  • a 90-hectare basin,
  • 44 hectares of new reclaimed land and berths for latest-generation large ferries.

In that way, the concession establishes the Port of Boulogne-sur-Mer’s place as leader in the fields of fishing and fishing-foods, and it reinforces the Port of Calais’ position as leader in cross-Channel passenger and goods traffic.

 

Egis, a Caisse des Dépôts subsidiary, has also played a part in the project to develop the Port of Calais. Read the article.

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