Project Information
Project description:

The PFI contract is to include ongoing maintenance of carriageways and footways, streetlights, signs, traffic signals, bridges and street furniture and related environmental maintenance of the highway, design and build of improvement schemes and any other highway related services yet to be determined.

The PFI credit allocation from the government is estimated at £267m.

Related headlines:
30/08/2012 - Hounslow Highways reaches close
07/03/2012 - Winner for Hounslow highways PFI
09/05/2011 - Hounslow PFI down to two

Type: PFI
Sector: Roads & streetlights
Government deptartment: UK - Department for Transport
Region: UK - - London
Current status: Project Signed - 30/08/2012
Contract Terms
Duration: 25 years
Capital value: £800.00m
Public Sector Procuror Details
Authority/Commssioning body: London Borough of Hounslow
Public sector contact: Trevor Wallis
Project Director
Tel: +44 (0)20 8583 5025

Krishnan M. Radhakrishnan
Tel: +44 (0)20 8583 5315/4975
Public sector advisors: Grant Thornton - Financial Advisors
Mouchel - Technical Advisors
Eversheds - Legal Advisors
Private Sector Details
Consortium name: Vinci Ringway
Private sector shareholders: Vinci Concessions - Shareholders
Ringway Highway Services - Shareholders
Barclays Infrastructure Funds - Shareholders
Private sector advisors: Pinsent Masons - Legal Advisors
RBC Capital Markets - Financial Advisors
WSP UK - Technical Advisors
Private sector debt-providers: Bank of Tokyo Mitsubishi UFJ - Debt Providers
DZ Bank - Shareholders
KfW IPEX Bank - Debt Providers
Private Sector Shortlist
Consortium name: Balfour Beatty
Private sector shareholders: Balfour Beatty - Shareholders

This page was last updated on:
6 September 2012.


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