Page last updated: 30/01/20
The N25 New Ross Bypass will provide high quality links within the south east region and ease traffic congestion by providing a bypass of New Ross town on the N25 and N30.
Procuring Authority | Transport Infrastructure Ireland |
Financial Adviser | NDFA |
Legal Adviser | McCann Fitzgerald |
Insurance Adviser | Willis |
The Scheme achieved Financial Close on 26 January 2016 when Transport Infrastructure Ireland awarded the PPP contract to the BAM PGGM Iridium consortium, becoming the first Irish project to avail of the European Investment Bank’s project bond credit enhancement programme. The Scheme’s senior bonds were placed with clients of Allianz Global Investors and achieved a provisional Baa1 (stable) rating from Moody’s Investor Service.