Société par Actions Simplifiée (SAS) | |
Founded | 2005 |
Founder | Thierry Déau |
Headquarters | Paris, France |
Owner |
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Number of employees
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150 (2015) |
Website | www.meridiam.com |
Meridiam is a global investor and asset manager based in Paris specialized in developing, financing and managing long-term public infrastructure projects. Founded in 2005, Meridiam invests in public infrastructure in Europe, North America and Africa.
Meridiam, with offices in five countries (France, Luxembourg, United States, Canada and Turkey), manages €3.2 billion of assets and has to date invested in over 44 transport, building and public services projects.
Meridiam was established in 2005 by Thierry Déau, formerly Chief Executive of Egis Projects, a subsidiary of France’s Caisse des Dépôts et Consignations specialized in developing, financing and managing infrastructure projects.
Set up to finance public infrastructure and to create a secure investment framework for long-term savings, Meridiam received the financial and operational support from the Crédit Agricole Group and AECOM Technology.
In 2006, while achieving the first closing of its fund Meridiam I, the company secured its first two projects: the Limerick Tunnel in Ireland, which began operating in July 2010, and the A5 highway in Austria, which opened to traffic in January 2010.
In 2007, Meridiam acquired the Fulcrum LIFT project covering local healthcare facilities in the United Kingdom, as part of large-scale program sponsored by the British Health Ministry.
In 2008, the company proceeded to a new fund-raising round for Meridiam I, which brought the fund size to €548 million. In the same year, Meridiam secured a stake in the A2 Motorway phase I project in Poland.
In 2009, Meridiam won four new projects in Europe: the A5 Motorway in Germany, the A2 Motorway phase II in Poland, the R1 Motorway in Slovakia and the velodrome in Saint-Quentin-en-Yvelines, France. In the same year, Meridiam also secured two projects in the United States: the port of Miami Tunnel, inaugurated in May 2014 and the North Tarrant Express Highway in Texas, which began operating in October 2014.