Portfolio

Allenby & Connaught MoD Accommodation, UK

Project capex

£1,557 million

Concession

35 years

HICL holding

12.50%

Sector

Accommodation

Region

UK

Finance, construct/refurbish, operate, and maintain four garrisons for the Ministry of Defence

The Allenby and Connaught MoD Accommodation PFI project is a 35 year concession to finance, construct/refurbish, operate, and maintain accommodation for the UK Ministry of Defence (‘MoD’) across four garrisons on Salisbury Plain and in Aldershot, comprising working, leisure and living quarters as well as ancillary buildings.

The project reached financial close in April 2006 and construction was undertaken by Aspire Defence Capital Works, a joint venture between subsidiaries of Carillion and KBR Holdings LLC (“KBR”).

The project involved capital expenditure of approximately £1.6 billion.

The accommodation has been in operation since 2006. FM services are provided by Aspire Defence Services Limited, owned by KBR.