Plenary Americas, ACCIONA, and Sacyr consortium secures $2.3B P3 financing for I-10 Calcasieu River Bridge Replacement Project in Louisiana

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.

Counterparts (6)

equity_member

A

ACCIONA

company · 1 deals

Sacyr

company · 1 deals

Sacyr is a global diversified infrastructure group with €13.58 billion in contracted projects across concessions, engineering, and water sectors. Operating in over 15 countries, it develops, builds, and manages critical infrastructure assets including highways, airports, hospitals, and desalination plants.

borrower

L

Louisiana Department of Transportation and Development

company · 1 deals

Investor

Plenary Group

company · 2 deals

Plenary Group is an infrastructure investor, developer, and manager focused on public-private partnerships (PPPs) and concessions. They invest in and manage infrastructure projects across various sectors, including transport, social infrastructure, and utilities.

tolling_operator

K

Kapsch

company · 1 deals

Developer

Plenary Americas

company · 1 deals

Plenary Americas is an infrastructure developer and investor focused on public-private partnerships (P3s) in North America. They specialize in delivering complex infrastructure projects across various sectors, including transportation, social infrastructure, and energy transition.