Operis is pleased to announce that the Lewisham Grouped Schools PFI Project has reached financial close.

The project concerns the design, build, operation and maintenance of three schools in the London Borough of Lewisham. The project, valued at £54m, consists of new construction, remodelling and refurbishment work across the three schools.

The model was prepared by the Royal Bank of Canada who, in addition to providing financial advice to the sponsors, also acted as joint lead arrangers of senior debt, alongside the Royal Bank of Scotland.

Operis was appointed by the winning consortium, Bouygues Education, to perform financial model due diligence and tax & accounting advice.

 

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