Strategic Fit

The construction industry is rapidly changing, driven by both commercial and public demands for sustainability, safety and quality. Carillion were among the first to recognise the potential of combining construction expertise with the provision of business services, pioneering new funding models such as PFI.

What is Carillion’s involvement in a PFI project?

• SPC Investor

In joint venture with its partners, Carillion forms Special Purpose Companies (SPCs) to deliver PPP projects under long-term concession agreements. The Group takes equity interests in these SPCs in the form of shares and loans, with the loans being subordinated to the SPCs external borrowings. Normally the Group limits its equity interest to 50 per cent.

• Design and Construction

Carillion has design, construction, building and infrastructure services expertise. Its fast track construction programmes deliver projects on time while providing high quality. The SPC sub-contracts to Carillion for the new build/ refurbishment of the facility/asset.

• Service Provider

Carillion’s facilities management business specialises in support service solutions, delivering integrated facilities management and property management services to a broad range of public and private sector organisations throughout the UK and Ireland. To date, Carillion has been responsible for the Operating Contract on four PFI hospital projects.