The European Commission's Communication on Public-Private Partnerships (PPPs) of 2009 set out a commitment to support the financing of PPPs by introducing new financial engineering instruments. It also indicated that the European Commission ("Commission") was looking for ways to make the combination of European Union (EU) grants and PPP structures more attractive and accessible.The following note, which is complementary to the recent JASPERS guidance1, presents the instruments currently available for combining PPPs with EU Funds. It highlights the main challenges involved in blending and offers conclusions.
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1 JASPERS have prepared two Working Papers in the area of PPP-grant blending; these are available on the JASPERS website at http://www.jaspers-europa-info.org/index.php/workpap/129-hcswp.html. The first presents a range of models for the application of EU grant funding in PPP projects for large scale infrastructure, and the second covers the application of EU grant funding in greater detail specifically under Design-Build Operate structures.