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Beauchamps advises a consortium involving Prime plc and Balfour Beatty Group Limited on PPP arrangement for 14 HSE primary care centres

04 Oct 2016

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We have advised a consortium involving Prime plc and Balfour Beatty Group Limited, engaged to design, construct, operate and maintain 14 HSE primary care centres in Ireland as part of a PPP arrangement involving the provision of finance by, amongst others, the European Investment Bank (EIB).

This deal is important as it is the first ever PPP investment in primary care centres in Ireland and it represents the first ever capital investment in Irish health facilities by the EIB. The Primary Care Centre PPP project is also one of the first projects to be financed under the European Fund for Strategic Investment (EFSI) initiative established to support investment across Europe.

The transaction was led by banking partner, Niall O'Brien, and supported by Mary O'Callaghan, associate.

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