Autobrennero, final rush for the new concession – News

by times news cr

BOLZANO. Final rush for the A22 concession. A certain confidence filters through from the ​Autobrennero⁢ leaders for⁣ the tender which must be published by⁤ the end of the year,as the European Union wants. The publication by the Ministry of Infrastructure and Transport is thus awaited.

One⁣ step at a time, we have ‍moved forward on the path to the new concession which⁢ would cover ⁢a⁢ period of 50‍ years. meanwhile, the A22 shareholders’ meeting, led by CEO ⁣Diego Cattoni, ​gave the ‌green ⁤light ‍the day before yesterday to the new​ 94 million​ installment for 2024, plus another 103 in total for⁤ the three-year ​period 2021-2022-2023 due to State that ⁣will end up⁤ in the ⁣Railway Fund.the assembly also gave ⁣the green light to the⁣ “green bond” activated by A22 for a total ​value of 25 million euros.

The⁤ meeting passed without any particular ​shocks,⁤ other than those‍ of some private shareholders who‌ did not agree on the payment which, however, it should ⁤be said, is obligatory by law ‌and which, ⁣moreover, A22 ⁣carries⁣ out with the “reserve of repetition”,‍ i.e. done,it puts its hands forward: it ⁤pays them,but than ​the⁤ State returns them if they were not due. A fund provided by the⁤ state⁣ which needs ​to⁤ raise ‍cash, but with which A22 looks to⁤ the future of the concession, the tender⁢ for which was given the‍ green light‍ a few ⁤days ago​ by Art, the Transport Regulatory ‍Authority.

⁣All that is missing is the transition to Cipess, ‌the ‌inter-ministerial committee for⁢ economic planning and enduring development. So‍ within the year the hypothesis ‌becomes very concrete.⁣ The ⁣day before ​yesterday, therefore, A22 decided to pay ‌the new installment of 94 million which‍ is ⁣added to the others already ⁤paid and which together​ with the⁤ extra profits​ should ultimately amount to a ‍total figure of ⁣around one billion euros.

If A22 does ⁢not obtain the‌ renewal of ⁣the multi-decade concession, they‍ will be passed on⁣ to the winner. A mechanism that‍ obviously protects the Brenner motorway.

​ Autobrennero always said that these funds would be paid, but ‌always disputed that ​they were owed. So whoever wins the⁢ tender will pay the fund. ⁣If its A22,​ this little treasure is already there, ⁢if it loses, the winner of ⁣the ⁤race will⁣ have to‌ shoulder‌ it.

‌ and frankly⁣ it seems arduous to think that there is a company or a consortium that has​ the skills and strength to win.In this⁢ way, shareholders⁤ will‌ also be protected.

A22⁢ healthy despite economic fears.Meanwhile, A22 proves to be healthy,⁣ continuing⁤ to record intense‍ traffic flows, ​with high⁢ profits, even if fears over the German recession remain. Another decision ⁢taken concerns the ​bonds which will be managed through banks as if they were ⁣bonds with yields ​between​ 3.5-4 percent.

The Brenner‍ motorway remains a goose that lays golden⁤ eggs. From 1996 to 2023, total dividends‍ to‌ shareholders ​amounted to almost⁤ 655 million⁢ euros. 551​ whent to public ​partners. On⁤ average something like 23 million‍ euros per year. The provisions reserved by A22 for the so-called «Railway Fund» – ​to⁢ finance the Brenner railway axis​ – amounted to 860 million euros,⁢ with ⁣an average of 33 million euros ⁢per‍ year from‍ 1998 to​ 2023, i.e. over⁣ a period of 26 years old.

Future planning and enterprising investments. While⁣ waiting for the tender for the concession of⁤ the A22, Autobrennero spa⁢ has​ already started planning its future. The ⁣company ‌thus addresses the ⁤issue‌ of finding resources to⁤ support the ambitious‌ 9.2 billion euro ‍investment project which is the basis of the concession. One ⁣and⁣ a half ‌billion will be used for the​ “dynamic” third lane from Bolzano south ​to ​Verona. The objective is to widen the emergency lane to the⁤ size of the other two, so as to use it​ as a transit “lane” in cases ‍of necessity, i.e. when the threshold of 2,500 vehicles in transit per hour⁤ is exceeded. The first part of the “dynamic”, i.e. the one ‌from Trento south to⁢ the city ⁢of Verona, will be completed – this is ‌what Autobrennero promises ‍- within a year of obtaining the concession.

What are ⁢the key factors ⁢influencing the A22 concession tender ⁤process and potential bidders?

Interview Between Time.News Editor and Infrastructure⁤ Expert on the⁢ A22 Concession

Time.News Editor (TNE): Good afternoon, and thank you for joining us. Today, we’re‍ delving into the highly ⁤anticipated‌ A22 concession tender process. With us is Dr. Elena Rossi, an expert in transport⁢ infrastructure⁢ and public-private⁣ partnerships. Elena,can you give us an overview of the current‌ situation regarding the ⁢A22 concession?

Dr. Elena Rossi ‌(ERR): ‌ Good afternoon! Absolutely.⁤ The A22, which runs​ through the picturesque⁢ regions of Italy, is currently in the final⁣ phases of its concession tender process, with anticipation⁢ building as ‍it must be published‍ before⁣ the‌ end of the year, as mandated by the ‍European Union. This concession is set ‍to last for an extensive period⁢ of‍ 50 years, reflecting its importance for transport and trade in ​the region.

TNE: That’s quite a‌ long duration! What implications does this extended concession period have for stakeholders​ involved, notably concerning investments and infrastructure development?

ERR: A⁤ 50-year concession offers⁢ a stable environment for‌ investment, allowing the winning bidder to recoup their costs and invest⁤ in upgrades and maintainance over ⁤a longer horizon. In this case, A22’s recent shareholders’ meeting ‌approved a significant⁤ €94 million installment for 2024, alongside a €103 million total ‍for​ the 2021-2023 period that will⁢ contribute to the Railway Fund. This kind of financial commitment demonstrates confidence in the long-term viability and growth of the project.

TNE: Speaking of financial commitments, the assembly also green-lighted a “green bond” worth €25 million. What does this signify for the A22 and its sustainability initiatives?

ERR: The approval of the “green bond” is a forward-thinking move that aligns with​ global sustainability trends.‍ It ⁣indicates A22’s ⁣commitment to environmentally pleasant‌ initiatives, which is crucial as transportation sectors face⁢ increasing pressure ⁢to⁤ reduce their carbon footprints. This bond can be used​ for projects aimed at enhancing energy efficiency, promoting electric transport solutions, or‍ investing in lasting​ infrastructure, reinforcing the value of the ​A22⁢ as a​ modern, responsible transport⁢ corridor.

TNE: It seems there are a⁢ few ​dissenting voices among private ‌shareholders regarding payments. Can‍ you explain this ​situation and its potential impact on the process?

ERR: Yes, there⁢ were some concerns among private shareholders regarding the‍ obligatory⁤ payment structured under⁣ the “reserve of⁤ repetition.” This legal framework ensures that while A22 ⁢must initially cover certain costs, they have a mechanism in ‍place ‍to reclaim those ‍funds ​if deemed unneeded by the state. While this could⁤ cause friction amongst stakeholders, it’s ⁢a necessary structure to ensure financial accountability and ‍transparency in the long term. Having mentioned that, it’s vital for A22 to manage these relationships effectively to ​maintain investor confidence.

TNE: As we near the‌ publication of the tender, what⁤ should⁢ we look out for in terms of⁢ bidders and the potential impact on regional connectivity and trade?

ERR: The tender process will attract a diverse range of bidders.We should ‌expect to see a mix⁢ of domestic and international companies,many ​of which are likely to‍ emphasize innovative‌ solutions for traffic ⁣management and sustainability. The ⁤outcome will significantly ⁤impact ‌regional ‌connectivity, ​especially given the A22’s role as a critical artery for trade between northern and southern europe. Enhanced‍ connectivity‌ can⁤ boost the local economy,improve ‌travel times,and reduce‍ congestion,which⁤ is paramount for both passengers and freight transport.

TNE: ⁤thank you, Elena,‌ for these insights. ⁤As the⁣ tender publication date approaches, it certainly promises to be an exciting time for the A22 and the regions it serves.

ERR: Thank you for having ⁤me! I look forward ‌to ⁢continuing​ to watch‍ the developments and ‌their impact on infrastructure in ‌italy and beyond.

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