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| Balfour Beatty reaches financial close for school programmes Balfour Beatty, the international infrastructure group, announces that it has reached financial close for two schools schemes, the Ealing Schools programme and the Oldham Schools programme, worth £53 million each. Balfour Beatty, in partnership with Ealing Council, will deliver the new PPP Dormers Wells High School, Southall and will carry out a major refurbishment and partial rebuild of The Cardinal Wiseman Catholic School, Greenford. Balfour Beatty will invest equity of up to £2.7 million into the 25-year concession for Dormers Wells High School. Balfour Beatty, in partnership with Oldham Borough Council, will deliver a new PPP Roman Catholic secondary school in Oldham, which will bring together two existing mainstream schools, Our Lady's and St Augustine's. Balfour Beatty will also extensively remodel the North Chadderton school. Balfour Beatty will invest equity of £3.5 million into the 25-year PPP concession for the delivery of the new Roman Catholic School. write your comments about the article :: © 2010 Construction News :: home page |