Funding received for housing development PPP project in Dorset, Hampshire and Somerset
Waytt Homes has received a GBP45 million (US$58.8 million) joint funding from Homes England and banking giant HSBC to build 1,000 homes across Dorset, Hampshire and Somerset in the UK during the next 5 years.
Under the deal, Homes England will contribute GBP15 million (US$19.66 million) in a 5-year junior loan ‘mezzanine’ facility, which will sit behind a longer-term GBP30 million (US$39.32 million) facility from HSBC. Around 3 in 10 of the homes built will be for affordable tenures.
Country updates
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April 06, 2022
PIN issued for Oldham Town Centre PPP Project
The Oldham Council has issued a Prior Information Notice (PIN) for the Oldham Town Centre PPP Project in the UK. The project involves the renovation of Oldham Town Centre that intends to focus o...
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April 04, 2022
Developer selected for Campus for Ageing and Vitality project in Newcastle upon Tyne
Newcastle University has formed a Joint Venture (JV) with Genr8 Kajima Regeneration Ltd to transform a former general hospital site into a center for research and innovation in Aging and Living well i...
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April 01, 2022
Tender launched for multimillion Extra care PPP project in UK
The South Tyneside Council has launched the tender seeking private partner for the development of 3 Extra Care schemes located across South Tyneside.
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April 01, 2022
Partners selected for Bristol City Leap Energy Partnership PPP project
Bristol City Council in the UK has selected JV of Ameresco Limited and Vattenfall Heat UK for the City Leap Energy Partnership. The City Leap partnership is aimed at delivering low carbon energ...
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March 31, 2022
Final close reached for ICG Infrastructure Equity 1 fund
Intermediate Capital Group (ICG), the global alternative asset manager, has achieved a final close of EUR1.5 billion (US$1.65 billion) for its debut Infrastructure fund, ICG Infrastruct...
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