Societe Generale Corporate & Investment Banking is Actively Involved in the Financing of the Campus Plan Programme
Societe Generale Corporate & Investment Banking (SG CIB) has just closed the financing of two important projects of Plan Campus, a programme launched by the French government with the aim of building and renovating universities to create world class campuses of excellence at the international level. SG CIB is the arranger and sole lender for the two deals.
The first project is a Public Private Partnership contract of €33 million for the construction, operation and maintenance of two buildings of Lorraine University located in the city of Metz. This infrastructure project will be managed by Eiffage for 25 years and includes a research laboratory as well as mathematics, IT and mechanical engineering training and research unit.
The second PPP financed by the bank involves the construction of a new building for the future campus of CentraleSupélec. This contract of €65 million which will run for a period of 26 years includes the design, construction and maintenance of the property complex for the teaching and research activities of the School by a consortium led by Bouygues Construction.
In the last three years, SG CIB has participated in the financing of four PPP contracts for the Plan Campus. By bringing its expertise in infrastructure finance in different forms, including PPPs, the bank is a key player in financing the economy. For 2014, SG CIB is ranked second by Dealogic for PPP* financings in Europe.
*Mandated Lead Arranger by volume