September 16, 2014

EPEC Market Update for the first half of 2014

Over H1 2014, 34 PPP transactions reached financial close, significantly more than the 24 transactions signed in H1 2013. The number of deals being closed in Europe has grown steadily since 2012.

The aggregate value of PPP transactions that reached financial close in the European market in H1 2014 totalled EUR 9 billion. Thus, the half-yearmarket value is in line with that of H1 2013. Four large transactions (deals exceeding 500 € in value) in transport sector reached financial close in H1 2014. Their combined value accounted for more than 80% of the overall European market.

The UK was the largest PPP market in value terms (EUR4.3 billion), an increase of around one-third from H1 2013.

The UK was followed by Turkey and Belgium which each closed one large transaction. Transport accounts for one-third of the number of PPP deals closed on the European market. With seven deals, education was the second biggest PPP sector both in value terms (EUR 400 million) and number of transactions (8). The number of deals closed decreased considerably in comparison to H1 2013, when education was the most active sector. With four transactions closed, healthcare was the third most active sector by number of deals.

European PPP Market Update H1 2014