ACCIONA Wins P3 Awards for the I-10 Highway in Louisiana

BEST ROAD, BRIDGE OR TUNNEL PROJECT: I-10 project declared the winner at the awards ceremony in New York City

 

LOUISIANA, OCTOBER 24, 2025. ACCIONA, along with partners Plenary Americas and SACYR, received the P3 Awards from P3 Bulletin magazine in the “Best Road, Bridge or Tunnel Project” category for the I-10 highway in Louisiana.

The awards ceremony took place on Wednesday in New York, with José Tamariz, director of the Concessions business in the United States, and Julio Marcos, business development manager for Concessions in North America, receiving the award on behalf of ACCIONA.

“This award underscores what can be achieved when public and private partners come together around a shared goal: delivering safer, more connected infrastructure for communities.” Said Jose Angel Tamariz.  “The I-10 project is a milestone P3 that will improve daily mobility, support local growth and set a benchmark for Louisiana and future projects across the country.”

The P3 Awards are among the most prestigious in the industry and are dedicated exclusively to public-private partnerships. Each year, these awards recognize the most innovative and complex infrastructure agreements.

 

BRIDGE OVER THE I-10 HIGHWAY

Valued at $3 billion, this project is the largest and most complex public-private partnership (P3) ever undertaken in the state. The project’s scope includes reconstructing a six-lane highway, constructing multiple structures (including the new bridge), implementing a free-flow tolling system and demolishing the existing bridge.

In collaboration with the Louisiana Department of Transportation and Development, the project is supported by toll revenues and private capital, exemplifying a sustainable model for providing critical infrastructure through public-private partnerships.

Funding includes both public and private sources. The State of Louisiana will provide approximately $1.2 billion during the construction phase, which will be disbursed as work progresses. Long-term funding is supported by the issuance of $1.332 billion in tax-exempt Private Activity Bonds (PABs) in four tranches, maturing between 2054 and 2066. J.P. Morgan Securities LLC and Wells Fargo Bank, N.A. acted as key financial participants. The remainder of the private capital will be invested once the project is completed.

 

ACCIONA is a global company and a leader in the provision of regenerative solutions for a decarbonized economy. Its business offer includes renewable energy, water treatment and management, eco-efficient transportation and mobility systems, resilient infrastructures, etc. The company has been carbon neutral since 2016. ACCIONA recorded sales of $22 billion in 2024 and has a business presence in more than 40 countries. www.acciona.com