Halton Transformational Partnership Reaches Financial Close on £50 Million Halton BSF

Halton Transformational Partnership (a consortium of Galliford Try, HOCHTIEF PPP Solutions and VINCI Construction UK) has reached financial close as the construction and investment partner which is undertaking the £50 million Halton Building Schools for the Future (BSF) programme.

Following financial close, Galliford Try and VINCI Construction UK will carry out the redevelopment of The Grange School in Runcorn and the redevelopment of Wade Deacon High School in Widnes for the Halton Transformational Partnership in joint venture. Work will commence in June 2011 and completion of construction is expected in April 2013. HOCHTIEF Facility Management (UK) will then assume responsibility for running the schools.

Galliford Try Chief Executive, Greg Fitzgerald commented:
“We are delighted to reach financial close as a construction and investment partner on this significant project which reinforces our strong reputation and market position in the education sector.”

Chris Hamer Managing Director of VINCI Construction UK’s Building Division - North, added:
“This is an exciting milestone for the Halton BSF programme. We now look forward to focusing our efforts on the project, bringing together the wide range of experience and know-how the Partnership has gained working extensively in the education sector across the UK.”

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Published: 29/06/2010 - Updated: 18/10/1011