The Waterford toll road has underperformed since it opened in 2009 as a public-private partnership. Now it has new owners and wants creditors to write down millions in secured debt.
BAM Ireland has long been a profit centre for its Dutch owner. Last year, however, it made a loss as a result of Covid shutdowns and its ongoing role as lead contractor with the National Children’s Hospital.
The escalating row between the hospital development board and its main builder is threatening to spill over into a mammoth legal battle.
© 2025 Currency Media Limited