A consortium led by Meridiam and consisting of Acciona and ACS Infrastructure has reached financial close on its SR 400 Express Lanes Project in Georgia. The total investment for the project is approximately $11 billion, including a nearly $3.9 billion partnership with the U.S. Department of Transportation (USDOT) via the largest ever Transportation Infrastructure Finance and Innovation Act loan to date as well as a $3.4 billion private activity bonds issuance.
Under a nearly 56-year design, construction, finance, operation and maintenance (DBFOM) contract with the State Road and Tollway Authority (SRTA), the project seeks to provide faster, safer and more reliable travel options for daily commuters in Fulton and Forsyth counties. It will do so by upgrading a 16-mile-long corridor in the north of Atlanta, with additional dynamically tolled free-flow express lanes in each direction; upgrading several key bridges along the route; constructing two stations for MARTA’s Bus Rapi
