Project Information
Project name: UK: Edinburgh RHSC + DCN hospital PPP
Project description:

Construction of a major new healthcare facility in Edinburgh is set to start after the financial contracts were agreed. Construction works will start over the course of the next few weeks and the new building, which will adjoin the Royal Infirmary of Edinburgh, is anticipated to open in autumn 2017.

NHS Lothian has reached financial close on Royal Hospital for Sick Children and Department of Clinical Neurosciences non-profit distributing (NPD) scheme.

The £155m project has signed with the Integrated Healthcare Solutions Lothian consortium, which comprises Macquarie Capital as sole sponsor and exclusive financial adviser, Brookfield Multiplex (design and build contractor) and Bouygues E&S (facilities management provider).

Debt on the deal was provided by M&G alongside the European Invstment Bank, together with some junior debt provided by Macquarie Capital.  

Contractincludes the design, construction, financing and/or the provision of certain non-clinical management services, a new facility for a combined stand-alone Royal Hospital for Sick Children (RHSC) and Department of Clinical Neurosciences (DCN).

The project will also include: the delivery of a dedicated energy centre to service the facility; interface enabling works; installation and commissioning of Information and Communications Technology (ICT) infrastructure; supply, installation and maintenance of other associated works. The project will include some elements of equipment, excluding specialist medical.

The facility is to be delivered at the Little France Site, next to the Royal Infirmary of Edinburgh (an existing PFI site). The new hospital is set to open in 2017.

Related headlines:

13 February 2015 - Edinburgh Sick Kids signs 

8 September 2014 - Edinburgh Sick Kids gets planning
06/03/2014 - Winner for Edinburgh Sick Kids NPD
15/03/2013 - Shortlist for Edinburgh Sick Kids hospital
19/09/2012 - Scottish govt approves Edinburgh hospital

Type: PPP
Sector: Health
Region: UK - Scotland
Current status: Project Signed - 13/02/2015
Contract Terms
Capital value: £250.00m
Public Sector Procuror Details
Authority/Commssioning body: NHS Lothian
Public sector contact: Carol Harris
Communications Manager
Tel: +44 (0)131 465 5652
Public sector advisors: MacRoberts - Legal Advisors
Private Sector Details
Consortium name: Integrated Healthcare Solutions Lothian
Private sector shareholders: Brookfield Multiplex - Subcontractor - Construction
HLM Architects - Architects
Macquarie Capital - Shareholders
Bouygues UK Ltd - Subcontractor - Facilities Managers
Private sector debt-providers: M&G Investments - Debt Providers
European Investment Bank - Debt Providers
Private Sector Shortlist
Consortium name: B3
Private sector shareholders: Balfour Beatty - Shareholders
BAM PPP - Shareholders
Building Design Partnership (BDP) - Architects
Consortium name: Mosaic
Private sector shareholders: Laing O'Rourke Plc - Shareholders
Keppie Design - Architects

This page was last updated on:
23 November 2015.


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