Balfour Beatty achieved financial close on the second phase of the Blackburn with Darwen BSF project on 15 September 2010.

This phase includes the build of two new schools, the Witton Park and New East Blackburn. Construction is scheduled to start in January 2011 and is expected to last 22 months.  Total expendicture will be £47 million. Following construction the operating stage of the project will last 25 years.

Senior funding of £49.6 million was provided equally by Dexia and Nord LB.

Phase I of the project reached financial close on 12 January 2010 for which Operis provided financial model auditng services including tax and accounting review.
For phase II Operis also provided financial model due diligence services and full tax and accounting review on behalf of the funders, BSFI and the procuring authorities.

 

CONTACT US

Please get in touch with either of our regional offices.

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Erwan Fournis
Global Head of Financial Advisory

+44 207 562 0444

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Carmen Wade
Financial Advisory, Head of North America

+1 647 243 3840

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Jun Tao
Global Head of Model Audit & Financial Modelling

+44 207 562 0428

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Mark Southall
Associate Director - Model Audit & Financial Modelling

+1 647 846 7384

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Philip Allen
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Operis Europe

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+44 207 562 0400
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Operis North America

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+1 647 846 7382
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CONTACT US

Discuss your requirements with us

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Erwan Fournis
Global Head of Financial Advisory

+44 207 562 0444

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Chris Aldred
Director

+44 207 562 0433

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