We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Carillion Plc | LSE:CLLN | London | Ordinary Share | GB0007365546 | ORD 50P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 14.20 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMCLLN
RNS Number : 7128Z
Carillion PLC
15 December 2014
15 December 2014
Carillion consortium achieves financial close on GBP550 million Aberdeen Western Peripheral Route/Balmedie to Tipperty project
Further to the announcement made by Carillion on 12 June that Connect Roads consortium, now known as Aberdeen Roads Limited, comprising Carillion, Balfour Beatty and Galliford Try, had been appointed as the preferred bidder to finance, design build and operate the Aberdeen Western Peripheral Route/Balmedie to Tipperty Project (AWPR/B-T), Carillion announces today the consortium has now achieved financial close on this project.
The project, which is estimated to be worth in the region of GBP550 million, is being delivered in partnership with Transport Scotland, Aberdeen City Council and Aberdeenshire Council and is being procured under the Scottish Government's Non-Profit Distribution (NPD) model.
Carillion expects to invest up to GBP20 million of equity (one third share) in the project and to have a one third share of the construction revenue. Following the completion of construction in winter 2017, the route will be managed and maintained by Aberdeen Roads Limited for 30 years.
Carillion Chief Executive, Richard Howson said: "We are delighted that our consortium has achieved financial close on the Aberdeen Western Peripheral Route/Balmedie to Tipperty project, which is the largest of its kind in Scotland to date. The project is firmly in line with Carillion's selective approach to construction, namely of focusing on large, high quality projects, notably those involving integrated solutions. We look forward to working closely with Transport Scotland, Aberdeen City Council and Aberdeenshire Council to deliver this major improvement to the transport network around Aberdeen."
Notes to Editors
Carillion is a leading integrated support services company with a substantial portfolio of Public Private Partnership projects and extensive construction capabilities. The Group had annual revenue in 2013 of some GBP4.1 billion, employs around 40,000 people and operates across the UK, in the Middle East and Canada.
The Group has four business segments.
Support services - this includes facilities management, facilities services, energy services, utility services, road maintenance, rail services and consultancy services.
Public Private Partnership (PPP) projects - this includes investing activities in PPP projects for Government buildings and infrastructure, mainly in the Defence, Health, Education, Transport and Secure accommodation sectors.
Middle East construction services - this includes building and civil engineering activities in the Middle East.
Construction services (excluding the Middle East) - this includes building, civil engineering and developments activities in the UK and construction activities in Canada.
This and other Carillion news releases can be found at www.carillionplc.com
For more information
John Denning, Director Group Corporate Affairs, Carillion plc + 44 (0) 1902 316426 Finsbury James Murgatroyd or Gordon Simpson +44 (0) 207 2513801
This information is provided by RNS
The company news service from the London Stock Exchange
END
CNTLFFVLFRLSLIS
1 Year Carillion Chart |
1 Month Carillion Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions