EPFL FLP November 2011 WCU-4, Shanghai - November 1, 2011 Boosting the dynamics of the EPFL campus through PPP Prof. Francis-Luc Perret, Vice-president.

EPFL FLP November 2011WCU-4, Shanghai - November 1, 2011

Boosting the dynamics

of the EPFL campus through

PPP

Prof. Francis-Luc Perret, Vice-presidentDr. Michel Bourquin, Dr. Dimitrios Noukakis

EPFL FLP November 2011


A coherent layout

27’000 persons, including 20’000 students

Science & Technology

Social Sciences &Humanities

Sports

2020Swiss Tech Parc


EPFL's Schools and Masters



Evolution of the public resources

and growth of EPFL


Rapid evolution of third

party funding at EPFL


b) TOTAL CONTRACTORAGREEMENT

a) GROUND LEASE

c) CONTRACT OF GENERAL LEASE

Management contract

Sublease agreement

Agreement for operation

Swiss Confederation

Ground Owner

Naef

Real Estate Company

HRS

Total Contractor

EPFL

EBSA (UBS-FM)

Investor

Companies

Subtenants

EPFL

Public Private PartnershipExample of legal structure


Formalization of the payback periodInnovation Square (IS) and Congress Center (CC)

Expenses Specifications Tender Project

Construction Operation

PPP profit

Cash advance from investor Time

Payback period

Design

EPFL budget

Demolition

CCIS


Factors mitigating the financialand juridical risks of the PPP

Quality of the investorAAA rating

Risk share between partners

Options of contract modificationaccording to economic conditions

Contract rules

Length of the leaseFlows of potential

revenues and charges

Fiscal advantages throughthe company legal structure

PPP project

Assets Liabilities

Project’s due diligence


Profit & Loss statementfor an EPFL PPP project

Example of a most likely scenario

- 5'000'000

- 4'000'000

- 3'000'000

- 2'000'000

- 1'000'000

0

1'000'000

2'000'000

3'000'000

4'000'000

2013 & 2014

2015 2016 2017 2018 2019

Operating results Cumulated yearly results

Break Even


Public investments

• Neuroprosthetics

67

• Nanotechnology

14

• Physics + Chemistry

10

• Roofs rehabilitation

9

TOTAL Public 100

17%

Ongoing Projets 2011[CHF Mio]

Private Public Partnership

• Innovation Quarter (IS) 150

• Swiss Tech Conference Center (CCR) 225

• Photovoltaïc Production plant (ESOPP) 20

• Microtechnology Neuchâtel (Microcity) 80

• Sport Center (CSS) 11

TOTAL PPP 486

83%


Microtechnology Neuchâtel

80 millions CHF PPP


Starling Hotel37 millions CHF PPP


Student housing40 millions CHF PPP


Sport Center (CSS)11 millions CHF PPP


The largest solar plant in Switzerland20 millions CHF PPP

• A partnership with “Romande Energie”• 20’000 m2, 2 Mio kWh/year


The EPFL Conference Center225 millions CHF PPP


The Innovation Square150 millions CHF PPP


« Le Garage »Early stage start-up (rent 1 – 2 years)

Research Centers for large companies,

including partnerships and collaboration with

EPFL

PSEScience Parc

Start-up

The Innovation Square

http://mediatheque.epfl.ch/modules.php?include=view_photo.php&file=index&name=gallery&op=modload&id=IMG_4818_DxO&set_albumName=albur62


© A. Herzog


1 tenant = 1 project

A. Herzog A. Herzog


A lively campus

Rolex Learning Centre

Log

em

ents

p

our

Etu

dia

nts

Hote

l

Centre de Conférences

Quartier de l’Innovation

Centr

e

Sp

ort

et

Santé

Bio

eng

ineeri

ng


PPPs as links betweenScience, City and Economy

Congress Center

Innovation Square Student Housing

PPP Economy PPP City

EPFL Campus

PPP Science

Photovoltaicproduction plant

Rolex Learning Center

Hotel

Sport center

Microtechnology

Mall

EPFL FLP November 2011 WCU-4, Shanghai - November 1, 2011 Boosting the dynamics of the EPFL campus through PPP Prof. Francis-Luc Perret, Vice-president.

Documents

epfl flp

growth of epfl slide

epfl campus

herzog slide

masters slide

millions chf ppp slide

epfl conference center

epfl ppp project example