Eight Advisory advised the winning consortium on the financing of the concession for Cayenne – Felix Eboué Airport in French Guiana
Eight Advisory acted as financial advisor to the consortium comprising Egis, Alyse Guyane, Groupe Caisse des Dépôts, the French Guiana Chamber of Commerce and Industry (CCI Guyane), and Groupe Léon Grosse in the context of the award of the Cayenne – Félix Eboué Airport concession in French Guiana, successfully closing the financing of an ambitious €128 million investment program.
Over the next 30 years, the consortium made up of Egis, Alyse Guyane, Groupe Caisse des Dépôts, CCI Guyane and Groupe Léon Grosse will work hand in hand to modernise and operate the main airport of French Guiana. With nearly 500,000 passengers per year, Félix-Éboué Airport is essential for serving French Guiana. Thanks to its infrastructure and historical development enabling long-haul and international connections, it stands as the main gateway to the French Guianese territory. The airport is also a major logistics player for the activities of the Guiana Space Center and plays a key role in the security of the territory by supporting the operations of NATO’s Air Base 367.
The financing raised will notably fund an €85 million investment program aimed at modernizing infrastructure to the highest standards, improving passenger experience and flows, and supporting long-haul and regional connectivity.
Eight Advisory supported the awarded consortium in responding to the DGAC’s call for tenders, structuring, sourcing, and closing the €128 million financing. This financing includes a senior debt tranche of €96 million and a bridge equity loan tranche of €32 million. The financing was structured and provided by BRED Banque Populaire, Caisse d’Epargne CEPAC, Caisse d’Epargne et de Prévoyance Île-de-France, and La Banque Postale.
Eight Advisory team involved in the transaction:
- Erwann Huon de Kermadec, Partner, Jean-Eden Domingo, Director
Statement – Erwann Huon de Kermadec, Partner at Eight Advisory:
“We are delighted to have supported the consortium as financial advisor throughout the tendering process, as well as in structuring and closing the financing required to deliver an ambitious investment program contributing to the opening up of French Guiana. We would like to thank all the banking partners—BRED Banque Populaire, Caisse d’Epargne CEPAC, Caisse d’Epargne et de Prévoyance Île-de-France, and La Banque Postale— as well as all stakeholders involved in setting up this financing.”