Plenary Americas, ACCIONA, and Sacyr consortium secures $2.3B P3 financing for I-10 Calcasieu River Bridge Replacement Project in Louisiana
Type: Financing · Technology: Transport · Country: United States · Value: $2300M · Announced: 2026-04-29
A consortium led by Plenary Americas, alongside ACCIONA and Sacyr, secured $2.3 billion in financing for the I-10 Calcasieu River Bridge Replacement Project in Louisiana, marking the largest transportation infrastructure investment in state history. The Public-Private Partnership (P3) project replaces the aging 1950s-era bridge with a state-of-the-art structure, including 5.5 miles of reconstructed I-10, expanded capacity with three travel lanes in each direction, and a new elevated Sampson Street interchange to eliminate railroad crossings. Scheduled for completion in 2031, the project will feature dedicated maintenance for 50 years and includes a $10 million Active Transportation allowance for pedestrian and cyclist facilities. The corridor is a critical energy sector artery, ensuring uninterrupted access for U.S. natural gas and petroleum transport to Gulf ports, with an estimated $3.29 billion economic impact and 16,000 jobs created during construction. The Louisiana state government holds a 15% equity share in tolling revenues, reinvesting proceeds into regional infrastructure.
Counterparties
- Plenary Americas (Developer)
- Plenary Group (Investor)
- Louisiana Department of Transportation and Development (Borrower)
- Kapsch (Tolling Operator)
- Sacyr (Equity Member)
- ACCIONA (Equity Member)