Creators of Safe and Innovative Infrastructure Solutions

Shikun & Binui USA, a member of Red River Valley Alliance, LLC (RRVA), Reaches Financial Close on the Fargo-Moorhead Metropolitan Area Flood Risk Management Project

Shikun & Binui USA, a member of RRVA, (through its US construction subsidiary, Shikun & Binui America, Inc. and its US concessions and investment subsidiary, Shikun & Binui Concessions USA, Inc.), has reached financial close, with the Metro Flood Diversion Authority (MFDA) for the implementation of the Fargo-Moorhead Metropolitan Area Flood Risk Management Project under a public-private partnership (P3) valued at approximately $1.5 billion (including CAPEX, financing and development costs). RRVA was awarded the P3 (DBFOM, availability payments based) portion of the project on June 18, 2021 and reached financial close on October 13, 2021.

Click here to view the press release

Shikun & Binui Concessions and Shikun & Binui America, Pennsylvania-Based Companies, part of Bridging Pennsylvania Partners Team Short-listed for PennDOT’s Major Bridge P3 Initiative.

Bridging Pennsylvania Partners, led by equity members Shikun & Binui Concessions USA Inc and Macquarie Infrastructure Developments LLC was short-listed by PennDOT for their Major Bridge P3 Initiative. The Lead Construction DBJV for this team is comprised of Shikun & Binui – America, Inc. and FCC Construccion. Also supporting this team is SAI Consulting Engineers, Inc as the Independent Quality Firm and STV Incorporated as the team’s Lead Engineering Firm.

Click here to view the press release