Additional agreement between Russia and Rise Capital

19 Juin 2015
The Governor of the Yamal region – Mr. Dmitri Kobylkin – and the Chairman of Board of Rise Capital AB – Mr. Gerard Lopez at the Saint Petersburg Economic Forum on Friday.
The governor of the Yamal region – Mr. Dmitri Kobylkin – and the chairman of board of Rise Capital AB – Mr. Gerard Lopez at the Saint Petersburg Economic Forum on Friday. (Photo: Nekton)

In the presence of the authorized representative of the president of Russia in the Urals Federal district – Mr. Igor Kholmanskih – an additional agreement to the existing Strategic partnership agreement dated 28 June 2014 was signed by the governor of the Yamal region – Mr. Dmitri Kobylkin - and the chairman of board of Rise Capital AB – Mr. Gerard Lopez at the Saint Petersburg Economic Forum on Friday.

In furtherance of Rise Capital authority under the Strategic partnership agreement to attract private (including foreign) investments into the economy of the Yamal-Nenets Autonomous District, Rise Capital was empowered to conduct preliminary negotiations with foreign investors, specifically from the Middle East and Asia, on their potential participation in large-scale infrastructure investment projects of Federal importance realized in the Yamal region and the Arctic zone.

On one of such potential projects – construction of a part of Northern Latitudinal Railway – Rise Capital is an active member of a working group chaired by the 1st deputy Prime minister, Arkadiy Dvorkovich, exchanging views on potential project realization mechanisms, including public private partnership, and conducting preliminary discussions with foreign investors.

Rise Capital is an active private player on the Russian infrastructure construction market with solid experience, track record and pipeline of projects as well as business network amongst Russian leading construction groups and largest financial institutions. The primary investment focus of Rise Capital is on projects realized with the application of public-private partnership (PPP) mechanisms (including concessions and life-cycle contracts) where it expects to invest up to 100% of the company’s total commitments. Rise Capital’s investment policy concentrates on the following PPP market segments: transport infrastructure including railroads, energy related infrastructure, airports and airfields, housing & utility sector, social infrastructure, IT infrastructure, medical construction and other.