In April 2007 a consortium comprising Bouygues Travaux Publics Bouygues TP, HSBC Infrastructure Fund Management Limited acting in its capacity as general partner for and on behalf of each of the limited partnerships constituting HSBC Infrastructure Fund II, and Bank of Scotland Corporate part of the HBOS group was appointed as Preferred Bidder to take forward the New Tyne Crossing project. The successful consortium set up a single purpose, UKbased Concession Company called TT2 Ltd Tyne Tunnels 2 on 1st October 2007. TT2 was officially appointed as Concessionaire for the New Tyne Crossing in November 2007. On 1st February 2008 the existing Tunnels, its service delivery and its entire workforce were transferred to TT2. TT2 is responsible for the design, build, majority finance, and operation of the new vehicle tunnel, the full refurbishment of the existing vehicle tunnel, and operation of all Tyne Tunnels until 2037.

Address: 246 Park View, Whitley Bay, Tyne and Wear, NE26 3QX.
Website: http://tt2.co.uk/