Webuild, part of Sotra Link AS, has reached financial closure on the Sotra Connection PPP Project, which includes the financing, design, construction and multi-year maintenance of a network of roads, tunnels and bridges in western Norway. Located in the Vestland county, the public-private partnership contract, with a combined total value of NOK 19.8 billion (EUR 2.0 billion), more than €1 billion of which for design and construction, will improve mobility between Bergen and the island of Sotra on the west coast. It is the largest transport contract in Norwegian history to date.The design and construction of the project will be done by an international consortium of builders including Webuild with a 35% stake, Spain’s FCC Construcción with 35% and South Korea’s SK ecoplant with 30%. The entire contract is being led by Sotra Link AS, with Webuild holding a 10% stake, Macquarie Capital with 70% and SK ecoplant at 20%. Sotra Link AS will operate and maintain the network for 25 years after it opens to traffic in 2027. The Client is Norwegian Public Roads Administration.The network to be built will include more than 9 kilometres of highway and a suspension bridge. The bridge will be 30 metres wide and 900 metres long including access ramps, and towers 144 metres high, equivalent to an approximately 50-storey skyscraper. There will also be a total of 12.5 kilometres of primary and secondary tunnels, as well as road and pedestrian underpasses, tunnel portals, smaller bridges and viaducts, and pedestrian and bicycle paths. The project has a strong emphasis on sustainability, as required by the criteria set under the Climate Budget at the stage of the tender process. The solutions proposed by Sotra Link AS will reduce by a quarter the CO2 emissions foreseen during the production and supply of materials, and the construction of the network.
Webuild, part of Sotra Link AS, has reached financial closure on the Sotra Connection PPP Project, which includes the financing, design, construction and multi-year maintenance of a network of roads, tunnels and bridges in western Norway. Located in the Vestland county, the public-private partnership contract, with a combined total value of NOK 19.8 billion (EUR 2.0 billion), more than €1 billion of which for design and construction, will improve mobility between Bergen and the island of Sotra on the west coast. It is the largest transport contract in Norwegian history to date.The design and construction of the project will be done by an international consortium of builders including Webuild with a 35% stake, Spain’s FCC Construcción with 35% and South Korea’s SK ecoplant with 30%. The entire contract is being led by Sotra Link AS, with Webuild holding a 10% stake, Macquarie Capital with 70% and SK ecoplant at 20%. Sotra Link AS will operate and maintain the network for 25 years after it opens to traffic in 2027. The Client is Norwegian Public Roads Administration.The network to be built will include more than 9 kilometres of highway and a suspension bridge. The bridge will be 30 metres wide and 900 metres long including access ramps, and towers 144 metres high, equivalent to an approximately 50-storey skyscraper. There will also be a total of 12.5 kilometres of primary and secondary tunnels, as well as road and pedestrian underpasses, tunnel portals, smaller bridges and viaducts, and pedestrian and bicycle paths. The project has a strong emphasis on sustainability, as required by the criteria set under the Climate Budget at the stage of the tender process. The solutions proposed by Sotra Link AS will reduce by a quarter the CO2 emissions foreseen during the production and supply of materials, and the construction of the network.
