Aéroports de Paris SA: CDG Express reaches a major milestone: agreement between Groupe ADP, SNCF Réseau and Caisse des Dép...
March 20 2017 - 12:45PM
press release
20 March 2017
CDG Express
reaches a major milestone: agreement between Groupe ADP, SNCF
Réseau and Caisse des Dépôts
on the economic and financial model of the
infrastructure management company
For three years, Groupe ADP and SNCF Réseau, joined
by Caisse des Dépôts in a single grouping in
February 2016, have been fully mobilised to ensure the realisation
of the CDG Express project, the non-stop express rail link
between Paris and Paris-Charles de Gaulle airport.
This project constitutes a major
challenge for the competitiveness and the attractiveness of France,
in particular, as part of the support for Paris's bids to host the
2024 Olympic Games and World Expo 2025. More than 100 engineers and
technicians have been mobilised by the grouping's two industrial
partners in order to enable the completion of the CDG Express link
by end of 2023.
The French State, at the end of
2016, clarified the legislative framework within which the three
partners will have to carry out their infrastructure management
duties for the CDG Express link.
Groupe ADP, SNCF Réseau and Caisse
des Dépôts have just provided the State with the details of this
management company's economic and financial make-up, the main terms
of which were incorporated in the notification of the French
authorities to the European Commission under the rules relating to
State aid. The scheme defines the key parameters of the economic
balance of the future concession contract that will bind the
infrastructure management company to the State, as well as those of
the project's funding plan.
This major milestone enables the
foundations to be laid for the creation of the infrastructure
management company by the end of July, and to finalize the
concession contract that will bind the infrastructure management
company to the State.
This key step for the continuation
of the project, combined with the signing today of the prefectoral
order modifying the déclaration d'utilité
publique (declaration of public utility) of CDG Express, make
it possible to confirm that the project is in line for the CDG
Express link to be opened by end of 2023.
About Groupe
ADP - www.groupeadp.fr
Groupe ADP builds, develops and
manages airports, including Paris-Charles de Gaulle, Paris-Orly
and
Paris-Le Bourget. In 2016, Paris Aéroport handled more than 97
million passengers and 2.2 million metric tonnes of freight and
mail at Paris-Charles de Gaulle and Paris-Orly, and more than 42
million passengers at airports abroad through its subsidiary ADP
Management. Boasting an exceptional geographic location and a major
catchment area, the Group is pursuing its strategy of adapting and
modernising its terminal facilities and upgrading quality of
services; the Group also intends to develop its retail and real
estate businesses. In 2016, Group revenue stood at €2,947 million
and net income at €435 million.
Registered office: 1 rue de France
- Tremblay en France 93290. Aéroports de Paris is a public limited
company (Société Anonyme) with share capital of €296,881,806.
Registered in the Bobigny Trade and Company Register under no. 552
016 628.
About SCNF
Réseau - www.scnf-reseau.fr
Part of the SNCF Group, which is a
public service companies, champion of shared mobility in France and
around the world, SNCF Réseaux develops, modernises and
markets access to the French rail. The two priorities are to
renovate and maintain the existing railway network. Goal: have the
safest, best-performing, most innovative network anywhere.
53,000 employees are dedicated to
30,000 km of network, including 2,500 km of high-speed line. 1,000
km of track are renovated each years.
More information on
http://www.sncf.com/fr/presse/a-la-une - Twitter: @SNCFReseau
About the Caisse
des Dépôts Group - www.caissedesdepots.fr
Caisse des Dépôts and its
subsidiaries are a state-owned group, a long-term investor
dedicated to serving the public interest and regional economic
development. Its vocation was reaffirmed by the law on
modernisation of the economy of 4 august 2008.
Widely recognised for its
expertise in managing its areas of competence, the group focuses
its efforts on four major areas of transition strategically vital
to France's long-term development: territorial, ecology and energy,
digital, demographic and social.
Groupe ADP |
SNCF Réseau |
Caisse des Dépôts |
Press
Elise Hermant / Jérôme Marmet
Tel: +33 (0) 1 43 35 70 70
elise.hermant@adp.fr
jerome.marmet@adp.fr
Investor Relations
Aurélie Cohen
Tel: +33 (0) 1 74 25 70 64
invest@adp.fr |
Press
Edouard Ameil / Marine Marguier
Tel: +33 (0) 1 85 57 96 88
edouard.ameil@reseau.sncf.fr
marina.marguier@reseau.sncf.fr
|
Press
Tel: +33 (0)1 58 50 40 00
service.presse@caissedesdepots.fr
|
Aéroports de Paris SA: CDG Express
reaches a major milestone
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Aéroports de Paris via Globenewswire
ADP Promesses (EU:ADP)
Historical Stock Chart
From Mar 2024 to Apr 2024
ADP Promesses (EU:ADP)
Historical Stock Chart
From Apr 2023 to Apr 2024