Some information from amec web site...
In addition to its equity investment of around £3.5 million, AMEC will benefit from contracts to design and construct the schools, redevelop surplus land on five sites and provide estate management services over the concession period, with a total value over £125 million. Financial close is targeted for December 2006, with construction beginning immediately thereafter and full completion scheduled for mid-2009.
More from inspirED partner amec
The group, InspirED, is comprised of amec, John Laing and Innisfree. Amec plans to invest £3.5 million of equity into the £125 million scheme.
"This is another important step forward in our strategy of carefully selected investment in complex PPP schemes," said Sir Peter Mason, Chief Executive of amec.
He also cited PPPs as a means of generating "substantial value in the future".
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