Paris-Beauvais Airport Concession

France

The Concession of Paris - Beauvais Airport, Paris's low-cost and third-largest airport, with 6.5 million passengers in 2024, is Ryanair's Paris base. This 30-year concession includes an upfront obligation to design, build, and finance the complete renovation and extension of the terminal system to increase the airport's capacity to 8 million passengers per year. The project also aims to bring the airport to the highest environmental and carbon reduction standards.

The initial capex program for the project exceeds €230 million, with a goal of achieving BREEAM Excellent certification. Key sustainability features include a solar farm on parking spaces and electric vehicle chargers. The airport is set to achieve an ACI-ACA 4+ accreditation by 2032.

The sponsors of the Paris-Beauvais Concession have successfully reopened the European banking market on traffic-risked-based airport concessions with upfront capex obligations, after the challenges posed by the COVID-19 pandemic.