Cobalt has advised the ERB Rail JV consortium – formed by France's Eiffage Genie Civil, Poland's Budimex, and Italy's Rizzani de Eccher – on the public procurement process and the EUR 3.7 billion contract for the construction of the Rail Baltica mainline in Latvia with SIA Eiropas Dzelzcela Linijas.
The construction works for the Rail Baltica mainline will involve railway substructures, embankments, road crossings, and railway superstructures, including track and other related infrastructure, over approximately 230 kilometers, Cobalt reported. The value of the FIDIC framework contract awarded in the public procurement procedure is EUR 3.7 billion.
Eiffage is a European civil engineering and public construction company with more than 30 years of experience in large-scale infrastructure projects, including the implementation of the Eurotunnel and the Montpellier-Perpignan high-speed rail lines.
Budimex is a construction group operating in Poland and providing services in the infrastructure sector.
Rizzani is an Italian general contractor, active in the areas of engineering, infrastructure, and building construction.
The Cobalt team included Managing Partner Dace Silava-Tomsone, Partners Gatis Flinters, Sandija Novicka, Toms Sulmanis, and Ugis Zeltins, Specialist Counsel Sergejs Rudans, Senior Associate Marija Berdova, Associates Arturs Valdersteins, Krista Helmute, Toms Dreika, and Gabriela Santare, and Junior Associate Jurijs Georgs Rusakovs.
