Calcasieu Bridge Partners have reached financial close on a project to design, build, operate and maintain for 50 years a new 9km bridge over the Calcasieu River between Lake Charles and Westlake in Louisiana, USA.
The project includes the demolition of a 1950s structure that predates the interstate system, with its steep approaches and lack of hard shoulders.
Proposed design for the Calcasieu Bridge. Credit: Acciona
The total capital expenditures will be US$3.7Â billion and the construction budget is US$2.27Â billion. Louisiana will contribute US$1.2Â billion. The long-term financing includes US$1.33Â billion tax-exempt private activity bonds.
Calcasieu Bridge Partners consists of Plenary Americas US Holdings, Acciona Concesiones, Sacyr Infrastructure USA and Kapsch (link opens in new tab).