AMBERSIDE ADVISES SEMPERIAN TO ACQUIRE A 50% STAKE IN A HOSPITAL PFI FROM BALFOUR BEATTY FOR £43M

19 September 2018

Amberside provided financial advice to Semperian PPP Investment Partners who have acquired a 50% stake in a hospital PFI in Kirkcaldy Fife, from Balfour Beatty for £43m. InfraRed Infrastructure Yield Fund owns the other 50% in the Fife project. Balfour completed the £170m new hospital wing linked to the existing Victoria Hospital in 2011 through a public private partnership with a 30-year concession. Semperian will pay for the hospital in cash, which Balfour Beatty will use this year to pay down borrowings.

Semperian were advised by Amberside (financial), Stephenson Harwood (legal), Imagile Professional Services (asset management) and DSSR (engineering).