BeNEX invests in companies holding rail and bus operating concessions and rolling stock for its operating subsidiaries in Germany. BeNEX is a JV between INPP and Hamburger Hochbahn AG, a subsidiary of the Federal State and City of Hamburg.

Bennex - cantus-sml.jpg
Bennex - nordbahn-sml.jpg
Sector
Status
Location
Ownership
Financial close
Concession term

THE BACKGROUND

It accounts for transport coverage of 39m train kilometres and 9m road kilometres. Local rail public transport (LRPT) services are concentrated in northern and eastern Germany, Bavaria and Hesse, while local bus public transport (LBPT) services are provided in Lübeck.

Individual concessions are typically granted for 10-15 years with a 2-3 year preparation period to cover vehicle procurement.

The public sector client is the respective public authority of the individual concession i.e. the Federal States of Berlin, Hesse, Lower-Saxony and Schleswig-Holstein, Free State of Bavaria, Federal State City of Hamburg and other municipalities.

Facts

Total road km

£9m

Total rail km

39m