Concession of Ports du Sud Alsace: Gowling WLG assists the lenders

2 minute read
01 July 2021

International law firm Gowling WLG's France team has assisted the Caisse d'Epargne et de Prévoyance Grand Est Europe and the Banque Populaire Alsace Lorraine Champagne as arrangers and lenders, as well as Natixis as hedging bank, on the financing of the concession of the Ports du Sud Alsace.



International law firm Gowling WLG's France team has assisted the Caisse d'Epargne et de Prévoyance Grand Est Europe and the Banque Populaire Alsace Lorraine Champagne as arrangers and lenders, as well as Natixis as hedging bank, on the financing of the concession of the Ports du Sud Alsace.

The concession of the Ports du Sud Alsace has been awarded to Euro Rhein Ports, a special-purpose semi-public company (SEMOP) created among the Syndicat Mixte pour la Gestion des Ports du Sud Alsace, the Caisse des Dépôts et Consignations and Alsaceteam (a joint venture formed by Swissterminal AG, the Grand Port Fluvio-Maritime de l'Axe Seine and the Grand Port Maritime de Marseille). Euro Rhein Ports will manage, operate and develop the industrial port area of South Alsace through a 30-year public service delegation effective 1 July 2021. A sub-delegation has been granted to Alsaceterminal, a subsidiary of Swissterminal AG.

The Ports du Sud Alsace (the port of Ottmarsheim, the port of Huningue Village-Neuf and the port of Mulhouse-Ile Napoléon) forms  the third largest inland port in France for the transport of containers and bulk goods, at the intersection of the Alps and the Rhine basin, which gives access to the ports of Rotterdam and Antwerp.

The Gowling WLG team included Danhoé Reddy-Girard, partner, and Wendy Au, associate (financing), as well as and Julie Vuagnoux, counsel (public law).


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