Bilfinger’s police project

Bilfinger has reached financial close on a €100 million public-private partnership (PPP) project in the UK. The group is leading a consortium to construct police facilities at four locations in the south west of England.

The buildings include a police headquarters, a firearms training centre, three custody and crime investigation centres providing 132 cells, as well as two police stations.

Bilfinger will design, finance and build the properties, and then operate them over a period of 25 years.

The company said that to optimise operating costs, the buildings had been designed to be particularly energy efficient, including the supply of energy from renewable sources.

German-based Bilfinger holds 70% of the project company and will invest equity of about €6 million. As part of its Concessions business segment, Bilfinger delivers and operates infrastructure projects and properties as a private partner to the public sector on the basis of long-term concession contracts.

The UK, as well as Canada, Australia and selected countries in continental Europe, is one of Bilfinger's most important PPP markets. Bilfinger said that in these countries, public private partnerships were an established model for the expansion and renewal of infrastructure offering substantial efficiency advantages over conventional public sector procurement models.