Portfolio

Oxford Churchill Oncology, UK

Project capex

£124 million

Concession

33 years

HICL holding

40.00%

Sector

Health

Region

UK

Finance, construct, operate, and maintain an oncology unit for Oxford University Hospitals NHS Trust

The Oxford Churchill Oncology project is a 33 year concession to finance, construct, operate, and maintain a 100-bed oncology unit, including the provision of medical equipment. The client is Oxford University Hospitals NHS Trust.

Financial close occurred in December 2005. The project involved capital expenditure of approximately £124 million.

Construction works were undertaken by a joint venture between Balfour Beatty, Carillion and Impregilo.

The unit became operational in November 2008. G4S Integrated Services (UK) Limited provide cleaning, maintenance, helpdesk, catering, portering, and utilities services.