Financial close for school campus PPP in Scotland

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Hub South East Scotland has announced that the new Jedburgh Intergenerational Community Campus project has reached financial close - all the project and financing agreements have been signed and all the required conditions contained in them have been met.

Hub South East Scotland is a joint venture organisation owned jointly between public sector participants (30%), the Scottish Government, through the Scottish Futures Trust (10%) and the SPACE consortium (60%), comprised of Galliford Try, Fulcrum and AECOM.

The GBP32 million project involves the development of a new educational facility in Jedburgh that will house three existing schools in the town, providing for nursery, primary and secondary school children alongside further education. Community facilities will include a multi-use games area, 2G hockey pitch, 3G sports pitch, 100m running track, external changing pavilion and rural skills area.

Advanced works have already begun on site, with the school is on track to be completed by Spring 2020. BAM Construction has been appointed as main contractor.

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