Portfolio

North Ayrshire Schools, UK

Project capex

£84 million

Concession

32 years

HICL holding

25.50%

Sector

Education

Region

UK

Design, build, finance and operate three secondary schools and one primary school on behalf of North Ayrshire Council

North Ayrshire Schools project is a 32 year concession to design, build, finance and operate three secondary schools and one primary school on behalf of North Ayrshire Council.

The new schools are located in three towns near Kilmarnock and one on the Isle of Arran, Scotland. Financial close was achieved in March 2006.

The schools were constructed between 2006 and 2008 by Barr Construction and Dawn Construction, under a £84 million fixed-price contract.

The schools have been operational since September 2008.  Mitie PFI Limited provides both the Hard and Soft FM services and lifecycle obligations to the project.