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21/04/2009

Carillion Reaches Financial Close On Its 50th PPP Project

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Healthcare services specialist, Clinicenta, part of leading UK support services company Carillion, has achieved financial close on the new Surgicentre facility, worth a total of £153 million, to be built at the Lister Hospital in Stevenage for the East and North Hertfordshire NHS Trust and Hertfordshire Primary Care Trusts.

The project includes a 5-year support services contract, worth some £122 million, in addition to providing the new £31 million state-of-the art facility, in which Carillion will invest some £5.6 million of equity.

The Surgicentre will treat around 15,000 people a year and significantly reduce waiting times and cancelled operations, whilst offering patients increased choice.
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Construction of the new three-storey, hi-tech building will begin immediately and is due for completion in Spring 2011. It will have six operating theatres and 26 short stay inpatient beds, in addition to day surgery, outpatient and ophthalmology, including urgent eye clinic facilities.

Carillion Chief Executive John McDonough said: "We are delighted to have achieved financial close on this prestigious project, Carillion's 50th Public Private Partnership project, of which 18 have been healthcare facilities with a total capital cost of around £1 billion.

"Carillion provides over 20% of the facilities management services that have been outsourced by the NHS and works in partnership with a wide range of NHS organisations to support the delivery of high quality patient care. This includes primary and community care, mental health and acute hospitals, as well as being one of the largest delivery partners for NHS LIFT."

(CD/KMcA)

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