Infrastructure
Second major transport PPP in New Zealand
Financial and commercial adviser to the Northern Express Group (NX2) on the Puuhoi to Warkworth PPP.
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| Sector | Infrastructure |
| Sub-sector | Transport |
| Location | New Zealand |
Opportunity
A competitive procurement led by the New Zealand Transport Agency (NZTA), the Puuhoi to Warkworth PPP involved the design, construction, finance and provision of services for 25 years for an 18.5km highway north of Auckland. The motorway will be open to traffic in late 2021.
Approach
Macquarie Capital acted as the financial and commercial adviser to NX2. In addition, Macquarie was involved in consortium formation and provided one of our own employees as the NX2 Project Director. Through these roles, we were able to help shape all aspects of the ultimately successful solution through independent thought leadership.
Outcome
In 2016 NX2 was awarded the contract for the project by demonstrating our understanding of the outcomes-driven New Zealand PPP market.
Contract awarded
NX2 was awarded the PPP contract for the project in November 2016
Innovative
The team assisted NX2 to secure the PPP contract through the development of an innovative performance regime targeted at achieving NZTA’s Key Outcomes
2021
Motorway open to traffic in late 2021
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