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Deutsche Bank wins advisory mandate for new Berlin airport

Analysis

BERLIN (Deutsche Bank) - Deutsche Bank has won the prestigious Financial Advisory Mandate for the new Berlin Airport Berlin Brandenburg International (BBI). With a total investment volume of about EUR2 billion, BBI represents one of the biggest Infrastructure projects in Europe. 

After 10 years of planning the highest administrative court in Leipzig yesterday gave the green light to proceed with this landmark project for Berlin and the entire region. Commissioning date is envisaged for 2011 with a starting capacity of 20 million passengers. Further extensions up to a capacity of 40 million passengers are possible on a modular basis.

The Project & Capital Advisory team of Asset Finance & Leasing has won the financial advisory mandate for the long-term financing of BBI in a European tender process against strong international competitors.

Dr. Thomas Rüschen (Global Head Asset Finance & Leasing): "This outstanding success demonstrates the leading role of Deutsche Bank in the financial advisory market for large and complex infrastructure projects in Germany."

Bernd Fislage (Managing Director Project & Capital Advisory) responsible for the project: "Only the combined effort of all involved parties within Deutsche Bank, in particular the Airport Equity Team in London and the Deutsche Bank team in Berlin, made this success possible."

The team is already working on the long term financing structure for BBI. Financial close is envisaged for mid 2007.

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