Portfolio

Boldon School, UK

Project capex

£18 million

Concession

26 years

HICL holding

100.00%

Sector

Education

Region

UK

Finance, construct, operate, and maintain a school for the Borough of South Tyneside Council

The Boldon School project is a 26 year concession to finance, construct, operate, and maintain Boldon School. The client is Borough of South Tyneside Council.

The project reached financial close in April 2005.

Gleeson Construction services completed the build, which involved capital expenditure of £18 million.

Operations began in late 2006. The FM services are subcontracted to Mitie PFI.