In partnership with Serena Industrial Partners, we are pleased to announce the acquisition of a portfolio of four operational PPP projects in the field of education from Demeter.
 
The transaction includes majority stakes in companies holding two PPP contracts in Seine-Saint-Denis, the Jarny high school PPP in Meurthe-et-Moselle, and the GreEn-ER University in Grenoble.
 
Key characteristics of the projects include:
 
Operational status with long residual PPP contract life;
Strict contractual targets to achieve significant improvements in the energy performance of the facilities built;
Revenue scheme based on availability payments from public grantors and adjusted for inflation;
All PPP obligations and commitments transferred to Eiffage via back-to-back contracts;
Eiffage will continue providing operation and facility management services until the contracts end.
 
Following our acquisition of a portfolio of social PPPs from Caisse des Depots et Consignation in 2020 and our participation in the Centre Pompidou Francilien – Fabrique de l’art – Musée national Picasso-Paris PPP project in 2023, we continue to strengthen RiverRock’s position as a key player in small and medium-sized PPPs, social real estate, and concessions within the French market.
 
For further details https://lnkd.in/dt3dF8YW

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