Last year, South London Healthcare became the first trust to be put into administration after struggling with PFI repayments and running up debt of £69m. It was officially dissolved on 1 October 2013.
The change in responsibilities ends a period of uncertainty for the project after the trust's special administrator published a report urging the government to take on the PFI debts. The PFI deal, signed in 2002 for £11m, runs until 2033.
The two PFI contracts under the SLHT's responsibility were widely reported as a major contributing factor in the trust's financial problems. However, Special Administrator Matthew Kershaw said the relatively poor performance of the trust compared to other trusts of its size, was a bigger problem than its PFI contracts.