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| Bilfinger Berger to construct highway in Norway Bilfinger Berger has reached financial close on its first concession project in Scandinavia. A consortium under the group's leadership will finance, design, construct and operate a 38 kilometer section of the E18 highway in Norway. The investment volume amounts to €450 million and Bilfinger Berger's equity commitment is €9 million. Bilfinger Berger holds a 50% stake in the project company, which will undertake operation and maintenance for a period of 25 years in return for an availability-based, fixed fee from the Norwegian State. write your comments about the article :: © 2006 Construction News :: home page |