Equitix and Balfour Beatty recently refinanced £45m worth of debt relating to a street lighting PFI in Coventry, with the debt being provided by NordLB.

The Coventry street lighting project, which has been running since 2010, involves the replacement of 28,700 street lights as well as 5,400 bollards and traffic signs.
Coventry City Council had an overall saving of £1.8 as a result of the refinancing.

Operis were pleased to assist the project by acting as Financial Advisor to both Equitix and Balfour Beatty.

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Erwan Fournis
Global Head of Financial Advisory

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Carmen Wade
Financial Advisory, Head of North America

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Jun Tao
Global Head of Model Audit & Financial Modelling

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Mark Southall
Associate Director - Model Audit & Financial Modelling

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Operis North America

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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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