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I-4 Highway Project in Florida Achieves Financial Close

The I-4 Ultimate project in Central Florida, for which BTY Group is providing Lenders' Technical Advisor services, achieved financial close on September 5, 2014.

Construction on the $2.3 billion Public-Private Partnership project, the firm’s second in the U.S. to achieve financial close, is expected to commence in December 2014.

The I-4 Ultimate Project extends more than 21 miles through some of the most congested roadway in the Orlando area. In addition to providing a crucial link between Tampa and Daytona Beach, I-4 plays a vital role serving one of the world’s most popular travel destinations. The project’s roadway accommodates an average of 1.5 million trips daily.