The Hengrove Leisure PFI project, which closed on 14 April 2010, comprises the construction and management of a new sports and leisure facility located in Hengrove Park, Bristol. The leisure centre will contribute to greatly improving the quality of sports and swimming facilities in Bristol.
The new sports and swimming complex will include swimming pools, spa and steam rooms, health and fitness suites and a sports hall for aerobics, badminton, basketball, athletics, football and netball.
The winning consortium, Bristol Active Limited, will now design, build, finance and operate the leisure centre for 25 years. Bristol Active Limited is led by Parkwood Consultancy Services and Parkwood Leisure. National Australia Bank will be lending around £28m of senior debt.
Operis provided financial model due diligence services to consortium and the lenders.
