Managing Director Ballast Nedam Concessions, Bart Buyck, and his team focus on Public-Private Partnerships, renewable energy (solar/wind) and waste-to-energy projects. They bring together internal and external specialists in the technical, legal and financial fields, tailored to the type of project. This allows them to develop, build, manage, operate and ultimately realise various projects in a healthy financial way.
The character of Ballast Nedam Concessions
"The close cooperation with many of our organisational units makes us unique," explains Bart. "In the field of renewable energy, we often work together with Ballast Nedam Renewables, while for Public-Private Partnerships, we work more closely with Ballast Nedam Infra Projects or Ballast Nedam Building Projects." Even though the Concessions team deals with various specialists, there is one thing they all have in common: a positive mindset combined with a focus on making a project a success. This is reflected in a flexible attitude, openness to investing in long-term partnerships and the contribution of knowledge on a national and international level.
Financing and realising projects
For over 140 years, Ballast Nedam has worked with dedication on unique landscape icons. These years of experience in construction are precisely what creates the added value for Ballast Nedam Concessions. Besides having the expertise in-house to finance complex projects, they can also execute and maintain the same project.
For this, Ballast Nedam's many years of experience in civil engineering projects, its design and engineering department and the ability to attract international project finance are all very valuable. One example is the DBFM project A24 Blankenburgverbinding, which involved working with Korean investors for the first time. Furthermore, the PI Zaanstad PPP project was realised with institutional investors and was also the first entirely energy-neutral Dutch PPP project to be completed.
A selection of projects
Ballast Nedam Concessions has dozens of challenging projects to its name. A selection of the portfolio:
A9 Gaasperdammer tunnel
Hart van Zuid
Construction of New Prison Complex in Zaanstad
30 years of experience with Public-Private Partnerships
The Dutch government actively uses the PPP model to realise projects. But this market approach is also increasingly being used by lower tiers of government and abroad. A project of this kind requires an integrated approach to all project aspects such as financing, the actual realisation and the maintenance—for a fair price-quality ratio. And that is precisely what Ballast Nedam Concessions has been doing for over thirty years. By financing projects such as Hart van Zuid in Rotterdam, they give city districts a new impetus. They are also shareholders in the A9 Gaasperdammerweg project, thus contributing to better accessibility of the northern Randstad region. And they are, for example, making the Zaanstad Justice Complex available, whereby Ballast Nedam is responsible for its realisation and management.
Because tackling the climate problem is becoming increasingly important, a sustainable approach to realising projects is gaining popularity. Ballast Nedam has therefore committed itself to the United Nations' Sustainable Development Goals and has set itself the target of generating its own energy by 2030. Moreover, Ballast Nedam seeks to improve its own sustainability and contribute to making the Netherlands more sustainable as a whole. For this reason, Ballast Nedam Concessions is involved in the financing of sustainable solutions. For example, the energy network of the Penitentiary Complex in Zaanstad is directly connected to a windmill, and the roof consists of solar panels. And within the A9 Gaasperdammerweg project, investments were made in some 5,500 solar panels and 15 kilometres of reflective asphalt.
Bringing the builder and financier together
The aim for the future is clear—Ballast Nedam Concessions will continue to act as the connector between the builder and the financier to realise integral complex projects. Within these projects, they continue to work closely with the client to ensure the success of Public-Private Partnerships, renewable energy (solar/wind) and waste-to-energy projects.
Bart Buyck has been Managing Director of Ballast Nedam Concessions since 20018. Bart unites technical, financial and legal disciplines to structure a project in such a way that it can be financed by both equity and loan capital. Ultimately, this results in attractive business cases for Ballast Nedam, with which we can make a difference as a company.