Carillion preferred bidder for £390m hospital work

8th Jun 2011 08:03

A Carillion joint venture vehicle has been appointed the preferred bidder for a Canadian hospital contract, expected to be worth £390m to the contractor and support services group.Hospital Infrastructure Partners, the joint venture between Carillion, Canadian building contractor EllisDon and two investment firms, has been selected by Infrastructure Ontario and Halton Healthcare Services as the preferred bidder to finance, design, build and maintain the new replacement Oakville Hospital.Carillion expects to invest some £28 million of equity, and the work is estimated to generate £390m of revenue for the group."We are delighted to have been selected as the preferred bidder for this important new hospital, which further reinforces our position as a leader in delivering Public Private Partnership projects in Canada, particularly in the health sector," said Carillion's chief executive John McDonough.Construction will begin after financial close and be completed by 2015.---BC