UPP secures financing for acquisition of Swansea University accommodation projects
University Partnerships Programme (UPP) has achieved financial close on a circa GBP98 million (US$137,77 million) deal to acquire two companies from brownfield developer St Modwen Properties PLC. Consequently, UPP will acquire the contract to operate 2,021 study bedrooms on the Swansea University’s Bay Campus in South Wales for a period of 45 years.
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January 09, 2018
Further delay for Royal Liverpool Hospital PPP
The chief executive of Royal Liverpool and Broadgreen University Hospitals Trust has announced that the construction of the new Royal Liverpool University Hospital will not be completed on time. This is the third time that the project’s completion date has been pushed back by the contractor, Carillion.
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January 03, 2018
Balfour Beatty to sell additional stake in M25 operator
Balfour Beatty has announced the sale of a 7.5% stake in Connect Plus, the company which operates the M25 - the motorway that orbits London. This follows the firm's announcement less than two weeks ago of the sale of a 12.5% stake in Connect Plus to funds managed by Dalmore Capital, as reported on this platform.
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December 26, 2017
Balfour sells M25 stake
Balfour Beatty, has announced that it has reached an agreement with funds managed by Dalmore Capital Limited (Dalmore) to sell a 12.5 percent stake in Connect Plus, the company which operates the M25 orbital motorway.
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December 26, 2017
Financial adviser chosen and PIN published for UK's A303 Stonehenge and Lower Thames Crossing
Highways England (HE) is planning to hold a supplier engagement event to provide an overview of its opportunities available to the market in the forthcoming years in relation to major infrastructure projects and to provide an overview of the procurement vehicle options proposed specifically for the A303 Stonehenge and Lower Thames Crossing (LTC) projects.
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December 20, 2017
Emerging Africa Infrastructure Fund secures US$100 million loan from AfDB
In a bid to reduce the huge infrastructure financing gap in Sub-Saharan Africa, the African Development Bank has approved US$100 million to The Emerging Africa Infrastructure Fund (EAIF), a public private partnership company.
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