Welcome to the York Region Web site. If you would like to navigate this site using screen reading software click here now
Link to York Region e-Services Link to Regional+Government York Region Transit Yorklink Directory Link to Careers Region Calendar York Tourism
YORK REGION>Services>Transit
 
Menu About Us
Menu Services
Menu Regional Government
Menu News
Business
Menu Public Notices
Menu Publications
Menu Departments
Municipalities
 
YRT Banner Graphic

Norddeutsche Landesbank Girozentrale

who we are

 
Norddeutsche Landesbank Girozentrale (NORD/LB) is a leading German bank, headquartered in Hannover, with branch offices in New York, London, Singapore, Stockholm, Vilnius, and Helsinki. The bank was formed in 1970 through the merger of four financial institutions whose origins date back to 1765. With total assets in excess of US $200 billion, NORD/LB is a major international financial institution ranked number 10 in Germany, 35 in Europe and 55 globally.

NORD/LB's mission is to help corporate and government executives bridge the gap between infrastructure needs and available financial resources. The bank's sector expertise includes – inter alia – transportation, water/waste, energy, and manufacturing. By focusing on efficient project development strategies and innovate financing techniques which utilize public/private risk sharing where appropriate, the bank provides the following value driven services:

  • Comprehensive Project and Structured Finance Advisory Services
  • Export Finance Solutions
  • Structuring and Arranging of Debt and Equity Capital
  • Underwriting and Syndication
  • Commercial Lending

The bank has gained extensive transportation related experience through its participation in major projects around the world. NORD/LB will provide financial advisory services, commercial lending and lease financing and help arrange private equity funding for York Regions rapid transit initiative.

What we've done

Arrow Light Rail Limited

Client: Arrow Light Rail Limited / UK
Duration: 2000 – 2025
Construction Cost: £ 284.58m
NORD/LB Role: Lead Manager
Project Description:

  • Design, construction, commissioning, maintenance, operation and financing of new tram line for the city of Nottingham and the county of Nottinghamshire (PFI project).
  • Construction of one 14 km new tram route to provide public transport services under the UK PFI initiative as part of the regional transport strategy.
  • Provision of trams, tracks, ticket machines etc. and operation of the system under performance and availability scheme.
  • Project Company will receive Availability Payments (subject to performance and availability deductions) and receive income from ticket sales and fares being able to influence ticket prices and timetables (subject to certain criteria).
  • Concession of 30.5 years; scheduled opening end 2003.



 

Metronet BCV Ltd. and Metronet SSL Ltd.

Client: Metronet BCV Ltd
Metronet SSL Ltd (both UK)
Duration: 2003 – 2030
Construction Cost: £ 1.02b
NORD/LB Role: Underwriter
Project Description:

  • PPP Project for the London Underground (twin project = 2 Lots of 3)
  • 27-years project finance to fund – under a 30-year PPP concession - the maintenance, renewal and upgrading of the infrastructure of the London Underground (BCV Bakerloo, Central, Victoria, Waterloo and City), (SSL – District, Circle, Metropolitan, Hammersmith & City, East London)
  • No responsibility for public transport service delivery and overall safety
  • Service contract sets out the performance regime for the trains, stations and infrastructure for the relevant lines.
  • Metronet receives a periodic Infrastructure Service Charge (subject to a performance and availability scheme) that is fixed for every 7.5-year Review Period and covers all costs & expenses plus equity return if Infraco operates in an Economic and Efficient manner.
  • Services include provision and maintenance of rolling stock and signalling, tracks as well as stations and other civils.


 
 
 

Birmingham Northern Relief Road (BNRR), UK

Client: Midland Expressway Limited (UK)
Duration: 2001 - 2010
Construction Cost: £ 674.5m
NORD/LB Role: Arranger
Project Description:

  • Funding a PPP project as well as bridge financing the equity contribution of the sponsor (until completion in 2004).
  • Design, construction, financing, operation and maintenance of the (new) BNRR (M6 Toll), a 42km motorway which by-passes the most heavily congested section of road in the UK i.e. the M6 motorway north of the West Midlands conurbation (Birmingham, Solihull, Wolverhampton and West Bromwich).
  • Debt service, returns on sponsor equity and ongoing operation and maintenance costs will be met by tolls levied on vehicles using the motorway.
  • BNRR will be the first real toll road in the UK with no restrictions on toll levels.
  • Official opening will be in 01/2004
  • The project has a 53-year concession granted by the Department of the Environment, Transport and the Regions (DETR).



 

Traffic Information Services (TiS) Limited, UK

Client: Traffic Information Services (TiS) Limited, UK
Duration: 2001 – 2010
Construction Cost: £ 66.7m
NORD/LB Role: Senior Lead Manager
Project Description:

  • Private Finance Initiative project to construct a Traffic Control Centre facility and build and operate communications infrastructure that will obtain information on traffic conditions on the long distance road network in England and supply travel information to end users.
  • Interim services start date 01/2002, Start Date 01/2004
  • TiS will provide buildings, infrastructure and services
  • Concession granted by Highways Agency (executive agency of UK Government's Department of Transport, Local Government and the Regions).
  • PFI is under performance scheme, e.g. payments made by HA to TiS are fixed (although partially indexed to inflation and subject to reductions in the event of poor performance).



 

TubeLines Ltd, UK

Client: TubeLines (Holdings) Limited (UK)
Duration: 2002 – 2027
Construction Cost: £ 1.795b
NORD/LB Role: Lead Manager
Project Description:

  • PPP Project for the London Underground
  • 25.6-years project finance to fund – under a 30-year PPP concession - the maintenance, renewal and upgrading of the infrastructure of the London Underground (JNP: Jubilee, Northern and Piccadilly Line)
  • No responsibility for public transport service delivery and overall safety
  • The Service Contract sets out the performance regime for the trains, stations and infrastructure for the relevant lines.
  • TubeLines receives a periodic Infrastructure Service Charge (subject to a performance and availability scheme) that is fixed for every 7.5-year Review Period and covers all costs & expenses plus equity return if Infraco operates in an Economic and Efficient manner.
  • Services include provision and maintenance of rolling stock and signalling, tracks as well as stations and other civils.



 

UK Highways (M40) Ltd., UK

Client: UK Highways (M40) Limited (UK)
Duration: 1996 – 2025
Construction Cost: £ 130m
NORD/LB Role: Lead Manager
Project Description:

  • Design, build, finance and operate (DBFO) contract to widen, operate and maintain the M40, a 123km stretch of motorway that links London with the Midlands under a 30-year concession to 2026.
  • Motorway opened in 01/1999
  • Debt service, returns on sponsor equity and ongoing operation and maintenance costs will be met by a shadow toll scheme in line with vehicle usage and paid by Highways Agency (acting for the Department of Transport, London and the Regions).


 
 
 

CityLink Telecommunications Limited

Client: CityLink Telecommunications Ltd / UK
Duration: 1999 – 2017
Construction Cost: £ 777.15m
NORD/LB Role: Lead Manager
Project Description:

  • Take-over and upgrade of London Underground's existing radio & telecom system and implement & operate new system (PFI project).
  • Start of Operation 11/1999 – Concession 20 years expiring 2019



 

London & Continental Railways Limited

Client: London & Continental Railways Limited / UK
Duration: 1998 – 2005
Construction Cost: £ 525m
NORD/LB Role: Lead Manager
Project Description:

  • Design, construction, operation and financing of the Channel Tunnel Rail Link (PFI project).
  • Installation of railway infrastructure in 2 sections (74 km and 39 km) between Channel Tunnel and London.
  • Section 1 due to be completed by 09/2003 and Section 2 by 2007
  • Railway infrastructure consists of track work, overhead electrification system and electrical and mechanical systems, signalling, train control and communications as well as depots for distribution of equipment – also roads, bridges etc.


 
 
 

HSL – High Speed Link

Client: Infraspeed B.V., Zoetermeer / Netherlands
Duration: 2002-2032
Construction Cost: EUR 1.065 billion
NORD/LB Role: Lead Manager
Project Description:

  • DBFO of high speed rail superstructure between Amsterdam and the Belgian border, Netherlands.
  • Construction of a new rail route between Amsterdam and the Belgium border to provide high speed services as part of the Trans-European rail network under management of Project-Organisation HSL-Zuid on behalf of the Dutch State.
  • The HSL Project is one of the largest Public Private Partnership high speed railway projects in Europe to date and the largest PPP contract ever awarded by the Dutch Government to a private party.
Technical Data:
  • Total length: approx. 100 kilometres of dual track.
  • Scheme includes embankments and a number of other civil engineering structures: flyovers, tunnels/underpasses, aquaduct and a major bridge.
  • Scheduled opening in 2006.
  • Stations at Amsterdam, Schiphol, Rotterdam, The Hague and Breda.
  • HSL Zuid designed for train speeds up to 300 km/h.
  • Shield driven tunnel (7 kilometres) under the Green Heart of Holland.
  • Europe's most modern train control system.
  • No level crossings.
  • Dedicated track.


 
 

Warnow Tunnel Crossing

Client: Warnowquerung GmbH & Co. KG (Germany)
Duration: 1999-2033
Construction Cost: EUR 216 m
NORD/LB Role: Financial Adviser and Arranger
Project Description:

  • The first Public Private Partnership Project for road infrastructure in Germany
Based on a special law which shall allow to realize the errection of urgently needed tunnel- and bridge-objects as well as mountain passages and multi line federal highways with seperated driving directions in a mid range time period, which could in general not be financed out of public ressources within several decades within a „concession-model": private investors are taking over the development, construction, operation and maintenance of a strictly defined and limited road project. For their refinancing they get the permission to levy toll.

 
 

Bangkok Mass Transit System (BTSC), Bangkok/Thailand

Client: Siemens Financial Services GmbH
Duration: 1998-2009 (originally scheduled before default)
Construction Cost: USD 1.704 billion
NORD/LB Role: Participant
Project Description:

  • 23.5 kilometer elevated electrified mass transit railway system in Bangkok:
  • heavy rail dual track railway elevated some 12 meters above public roadways in Bangkok through the use of viaducts constructed of precast concrete box girders.
  • Consists of two operating lines with 23 elevated stations, including one common interchange station.



 

Asia Pacific Transport Finance Pty Ltd

Client: Asia Pacific Transport Finance Pty Ltd / Australia
Duration: 2001 – 2016
Construction Cost: A$1,080 million
NORD/LB Role: Senior Lead Manager
Project Description:

  • Development, design, construction and operation of a 1,430 km railway line from Alice Springs to Darwin in Australia.
  • Total project cost is A$1,320 million, which includes the acquisition of rolling stock, construction of freight terminals and capital improvements to the Port of Darwin.
  • Concession term is 50 years and the project is expected to reach completion in 2004.
  • Currently freight is transported by trucks from Alice Springs to Darwin, and this project will provide a quicker and more efficient means of freight transportation.
 
Back to top
 
space