The £36 million PFI street lighting concession for Derby City Council reached financial close today.

The 25-year contract will see Balfour Beatty take responsibility for all street lighting and highway signage services in Derby. Balfour Beatty Power Networks, the group’s power and cabling specialist, will carry out the work.

The project involves the replacement of 20,100 lighting columns and 3,200 illuminated signs during the five-year capital investment period. Within this time Balfour Beatty will also undertake the on-going maintenance work, which includes a total of 27,600 columns and 3,200 signs and bollards. Dexia was the sole arranger for this project.

Operis provided financial model due diligence on behalf of Balfour Beatty and the funders.

 

Share now

CONTACT US

Please get in touch with either of our regional offices.

https://www.operis.com/wp-content/uploads/2022/11/Erwan-1.jpeg
Erwan Fournis
Global Head of Financial Advisory

+44 207 562 0444

[javascript protected email address]
https://www.operis.com/wp-content/uploads/2021/05/Carmen-Wade-500x500.jpg
Carmen Wade
Financial Advisory, Head of North America

+1 647 243 3840

[javascript protected email address]
https://www.operis.com/wp-content/uploads/2021/03/Jun-Tao-500x500.png
Jun Tao
Global Head of Model Audit & Financial Modelling

+44 207 562 0428

[javascript protected email address]
https://www.operis.com/wp-content/uploads/2021/04/019A5891_Michael.jpg
Michael Jarman
Head of Model Development

+1 647 243 8016

[javascript protected email address]
https://www.operis.com/wp-content/uploads/2021/05/Philip-Allen-500x500.jpg
Philip Allen
Head of Training [javascript protected email address]

Operis Europe

View Google Map
+44 207 562 0400
[javascript protected email address]

Operis North America

View Google Map
+1 647 846 7382
[javascript protected email address]

CONTACT US

Discuss your requirements with us

https://www.operis.com/wp-content/uploads/2022/11/Erwan-1.jpeg
Erwan Fournis
Global Head of Financial Advisory

+44 207 562 0444

[javascript protected email address]
https://www.operis.com/wp-content/uploads/2022/11/22_09_Chris_A-0376.jpg
Chris Aldred
Director

+44 207 562 0433

[javascript protected email address]
Name(Required)
Consent(Required)
This field is for validation purposes and should be left unchanged.