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Results Chart for Delivery Method and Financing
From Public (Government) Sources to Producers
Direct Cash Support: $1.035 Billion in milestone payments from Florida Department of Transportation during the design and construction phase.
Credit Enhancements: Total TIFIA Assistance is $949 Million from US DOT. TIFIA Tranche A Loan of $127.291 Million from US DOT TIFIA Tranche B Loan of $822.174 Million from US DOT Tranche A will be repaid in full by the second Final Acceptance Payment from FDOT. Tranche B is repaid from the Availability Payment made by DGOT through final maturity in 2052.
From Private Capital Markets Directly to Producers as Debt: Senior Bank Deb of $484 Million from Societe Generale, MUFG, Canadian Imperial Bank of Commerce, Svensk Exportkredit, and Credit Agricole. Final loan maturity is expected in 2052 for Tranche B.
From Producers as Equity: Equity Contribution of $103.5 Million from Concessionaire - I-4 Mobility Partners, 29% equity partner is John Laing Investment Limited (50% project owner); 71% equity partner is Skanska Infrastructure Development (50% project owner). Design-Build JV of Skanska USA Civil Southeast (40%), Granite Construction Co (30%), and Lane Construction Corporation (30%) is design and building for I-4 Mobility Partners. Design JV of HDR Engineering and Jacobs Engineering Group is Designing for the DBJV. Infrastructure Corporation of America is the O&M Contractor for I-4 Mobility Partners. Fiscal close of the concession was in 2014.