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Mirova – Acquisition of government building PPP in France

French procuring authority Department du Nord has formally awarded the EUR 65m Lille Forum PPP to a consortium comprising Mirova-managed fund FIDEPPP2, real estate developer Groupe Duval, Caisses des Dépôts et Consignations, Dalkia and Vinci. The project involves the design-build-finance-mantain of a government building PPP in central Lille. Construction works are expected to launch in early 2020. Financial details of the transaction have not been disclosed.