Deal of the Year 2024: Louisiana Public Facilities Authority (P3 Financing)

Louisiana Public Facilities Authority's $1.33 billion financing for the I-10 Calcasieu River Bridge project tackles a critical infrastructure need on a major interstate. This collaboration between the Louisiana DOTD and Calcasieu Bridge Partners employs a demand-risk P3 model that minimizes state financial exposure while funding the design, construction, and maintenance of a new bridge. Supported by toll revenues and private capital, this project highlights how public-private partnerships can address essential transportation needs while driving economic development in the region.