Last Updated:
25 Mar 2017

Review of the European PPP Market: First half of 2016

EPEC Market Update

This publication covers:

• transactions in EU-28 countries as well as Turkey and countries of the Western Balkans region (i.e. Albania, Bosnia-Herzegovina, FYROM, Kosovo, Montenegro and Serbia);
• transactions structured as design-build-finance-operate (DBFO) or design-build-finance maintain (DBFM) or concession arrangements which feature a construction element, the provision of a public service and genuine risk sharing between the public and the private sector;
• transactions financed through ‘project financing’ and that reached financial close in the relevant period; and
• transactions of a value of at least EUR 10 million.

During the first half of 2016:
• 40 transactions reached financial close for an aggregate value of EUR 7.8 billion
• When compared to H1 2015, the market grew considerably (+72% in value terms)
• Nine countries closed at least one PPP transaction
• The UK closed the highest number of deals and was also the largest PPP market in terms of value
• The transport sector accounted for more than one-third of the total PPP market by value and education was the most active sector by number of transactions