Press Releases 2004

January 8, 2004
Bilfinger Berger strengthens its market position with PFI projects in the United Kingdom

• Financial close for schools realized by the private sector in Bedfordshire
• Preferred bidder for doctors’ centers and clinics in Liverpool and London

Bilfinger Berger is further strengthening its market position for private-sector concession activities in the United Kingdom. With the financial close, contracts now take effect for the financing, planning and construction of two school buildings in the English county of Bedfordshire. Bilfinger Berger will operate the schools over a period of thirty years. The project volume totals €30 million.

Furthermore, a consortium led by Bilfinger Berger has been selected as preferred bidder for the private-sector realization of two additional projects for the British Ministry of Health. Bilfinger Berger is to plan, finance, erect and operate several doctors’ centers and clinics in Liverpool and London. The project volume for the first phase amounts to €70 million. Both locations are later to be expanded with additional investment of up to €100 million.

Bilfinger Berger has many years of experience with private-finance initiative (PFI) projects in the United Kingdom. Three school buildings in the county of Wiltshire and a clinic in Hull are already under operation and another hospital is now being built in Gloucester. The total volume of these projects amounts to €150 million.

In Germany, public-private partnerships (PPP) will also gain importance in the field of public building construction. With the British Embassy in Berlin, Bilfinger Berger has realized a private-sector model project. In order to promote such solutions in Germany, the Federal Ministry for Transport, Building and Housing has announced the establishment of a central competence center for the implementation of public-private partnerships in public building construction. Bilfinger Berger is well positioned to profit from the growing acceptance of PPP in Germany.