On Friday July 25, 2014, Satellic, a consortium consisting of T-Systems and Strabag, reached commercial and financial close on an electronic toll collection project with Viapass, the Inter-Regional Entity consisting of the governments of the Flanders, Walloon and Brussels-Capital regions within Belgium.

Satellic has entered into a DBFMO contract with Viapass under which it must provide On-Board Units (OBUs) to be installed in trucks over 3.5 tonnes. The OBUs will use mobile and GPS technology to allow Satellic to track the number of kilometres that the trucks drive within Belgium and Satellic will be responsible for monitoring these distances, invoicing customers and providing other services such as enforcement.

The project has now entered its implementation phase and operations will begin in Q-1 2016. The operational phase will run for 12 years and the Inter-Regional Entity will have the option to extend this by up to 3 years. The project is being financed by equity and shareholder loans from T-Systems (76%) and Strabag (24%) alongside a senior loan.

Operis acted as financial advisor to the Satellic consortium (formerly known as Sky-ways).

Share now

CONTACT US

Please get in touch with either of our regional offices.

https://www.operis.com/wp-content/uploads/2022/11/Erwan-1.jpeg
Erwan Fournis
Global Head of Financial Advisory

+44 207 562 0444

[javascript protected email address]
https://www.operis.com/wp-content/uploads/2021/05/Carmen-Wade-500x500.jpg
Carmen Wade
Financial Advisory, Head of North America

+1 647 243 3840

[javascript protected email address]
https://www.operis.com/wp-content/uploads/2021/03/Jun-Tao-500x500.png
Jun Tao
Global Head of Model Audit & Financial Modelling

+44 207 562 0428

[javascript protected email address]
https://www.operis.com/wp-content/uploads/2021/04/019A5891_Michael.jpg
Michael Jarman
Head of Model Development

+1 647 243 8016

[javascript protected email address]
https://www.operis.com/wp-content/uploads/2021/05/Philip-Allen-500x500.jpg
Philip Allen
Head of Training [javascript protected email address]

Operis Europe

View Google Map
+44 207 562 0400
[javascript protected email address]

Operis North America

View Google Map
+1 647 846 7382
[javascript protected email address]

CONTACT US

Discuss your requirements with us

https://www.operis.com/wp-content/uploads/2022/11/Erwan-1.jpeg
Erwan Fournis
Global Head of Financial Advisory

+44 207 562 0444

[javascript protected email address]
https://www.operis.com/wp-content/uploads/2022/11/22_09_Chris_A-0376.jpg
Chris Aldred
Director

+44 207 562 0433

[javascript protected email address]
Name(Required)
Consent(Required)
This field is for validation purposes and should be left unchanged.