I-10 Calcasieu River Bridge

We grow in the United States P3 market with a strategic road project in Louisiana 
 

Shared Value

Value for Society

We improve local and interstate connectivity with the improvement of one of the key sections of the I-10 highway and the replacement of the Calcasieu River Bridge. It is a highly anticipated project for road users that will meet the highest standards. 

Value for Shareholders

We galvanize our presence in the United States and boost our large transportation infrastructures portfolio. This is our second P3 in this country and one of our major projects by investment volume and business portfolio. 

Value for People

A long-term solution that will reduce travel times and improve safety for more than 90,000 vehicles daily. The project will invigorate/incentivize the local economy and become a growth driver for future generations.

Characteristics

Client

LA DOTD (Louisiana Department of Transportation and Development)

Start/End

2024-2031 (Construction)/2031-2081 (Operation)

Remuneration Scheme

Demand Risk

Status

Preconstruction

I-10 Calcasieu River Bridge

The Interstate 10 (I-10) P3 in Louisiana is a major road project that will substantially improve the connectivity between the cities of Lake Charles and West Lake, located in the southwest of the State, in the vicinity of the Texan border. 

Together with Acciona and Plenary Americas, as Calcasieu Bridge Parners (CBP), Sacyr Concesiones will lead the design, construction, finance, operation, and maintenance of a highway’s section of approximately 9 kilometers for 50 years. 

The widening of the I-10 comprises the construction of a six-lane corridor and the implementation of a free flow toll, as well as various structures, ramps and approaches to the bridge. 

What’s more, the project includes the construction of a new bridge on the Calcasieu River to replace the current one, which is more than 70 years old. The construction of the bridge will be developed by a 50% joint venture between Sacyr and Acciona. Construction works are expected to begin in 2024 and the operation in 2031. 
The toll taxes are linked to inflation and the State of Louisiana will receive 15% of dividends once the asset is open to traffic. 

With this project, one of the largest contract awards of 2023 in North America, Sacyr consolidates its position as a key player among the top international infrastructure developers.  Moreover, we will modernize a central connection between the coasts of Florida and California, accommodating the increasing traffic volume and safety and providing service to more than 90,000 vehicles per day in 2040.

€1.9bn

INVESTMENT

30%

STAKE

9

KILOMETERS

70,000

VEHICLES/DAY