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News 2004


John Laing Plc takes 30% stake in Poland’s A1 motorway project
03 December 2004
John Laing Plc announces that it has agreed to purchase a 29.69% shareholding in Gdansk Transport Company (“GTC”), the concession company which is preferred bidder for the €700 m project to design, build, finance and operate the A1 Motorway in Poland.
Kestrels nesting on Laing Road
10 November 2004
BBC Director Chris Cole with a kestrel chick found nesting in a box between Banbury and Warwick.
First investment for Laing Commonwealth Bank Joint Venture
10 November 2004
Commonwealth Bank of Australia has taken a 50% investment in the Newham University Hospital PFI project, which was successfully bid and closed by Equion Ltd. This is the first investment for the Commonwealth Bank following the announcement of a joint venture between John Laing plc (Equion’s parent company) and the Commonwealth Bank in June 2004.
Disposal of 50% in UK Highways M40 to SMIF for £26.25 million
15 October 2004
John Laing plc ('Laing') announces today that it has sold, via a transfer of its interest in the M40 Limited Partnership, 50% of the capital of UK Highways M40 (Holdings) Limited ('M40') to the Secondary Market Investment Fund ('SMIF') for £26.25 million in cash. Following the transaction Laing will hold a 50% stake in the M40 project and will retain asset management control.
Tim Grier appointed managing director, Equion Facilities Management
28 September 2004
Equion, a division of John Laing plc, has appointed Tim Grier (42) as managing director of its facilities management business, Equion FM. Tim will take responsibility for the management and growth of business with Equion’s customer base in the PFI serviced accommodation sector and with private sector clients.
Equion/Amey led consortium signs £45m criminal justice PFI contract
23 August 2004
A consortium led by Equion, a division of infrastructure developer John Laing plc, and Amey plc, the support services specialist, has signed a £45million PFI contract for the provision of criminal justice facilities in Bristol and Somerset.
ExcellCare signs £50m Leicester LIFT project
20 August 2004
ExcellCare Ltd, a joint venture between Equion and the Bank of Scotland, has signed a £50m public private sector partnership contract with the Department of Health, through Partnerships for Health, to deliver 21st century primary health and social care facilities in Leicester. The agreement will be delivered under the Local Improvement Finance Trust (LIFT) initiative.
John Hutton MP kicks off construction on Greater Nottingham LIFT
13 August 2004
Health Minister John Hutton kicks off construction of the £45m Greater Nottingham LIFT scheme in Stapleford.
ExcellCare signs Manchester, Salford and Trafford LIFT project
01 July 2004
ExcellCare Ltd, a joint venture between Equion and the Bank of Scotland, has signed a £75m public private sector partnership contract with the Department of Health, through Partnerships for Health, to deliver 21st century primary health and social care and local authority facilities in Manchester, Salford and Trafford (MAST).
John Laing plc to acquire remaining 50% in UK Highways M40
28 June 2004
John Laing plc is acquiring the remaining 50% of the capital of UK Highways M40 (Holdings) Limited (“UK Highways M40”), from Carillion plc for £19.65 million.
John Laing and Commonwealth Bank of Australia announce joint venture
28 June 2004
John Laing, the infrastructure development and operations group, announces today a 50:50 joint venture with the Commonwealth Bank of Australia to co-invest in future UK Hospital and European Roads projects.
Trading Update
28 June 2004
John Laing, the infrastructure development and operations group, is issuing this trading update ahead of its half-year results, scheduled for August 31st 2004.
New Police Station Officially Opened in Wythenshawe
25 June 2004
The third new police station to be built under the PFI (Private Finance Initiative) partnership was officially opened at Wythenshawe yesterday when the Rt. Hon. David Blunkett M.P., Secretary of State for the Home Office, unveiled a commemorative plaque to mark the occasion.
Kingston hospital PFI development reaches Financial Close
05 May 2004
Kingston Hospital NHS Trust and the Prime Health Consortium have reached financial close for the £33 million PFI development at Kingston Hospital. Enabling works will start next month by the Prime Health Consortium comprising Equion, part of John Laing plc and the Costain Group. Construction completion is scheduled for Summer 2006.
Largest PFI Police Station in South East to open on Friday
14 April 2004
The largest PFI police station in the South East will be opened this Friday, 16 April, by Metropolitan Police Commissioner Sir John Stevens, and Toby Harris, Chair of the Metropolitan Police Authority.
Amey/Laing awarded street lighting contract by Manchester City Council
01 April 2004
Amey and Laing Roads, its consortium partner, have been awarded a £165 million street lighting PFI contract by Manchester City Council.
Sutton PFI Police Station Opening
18 March 2004

Today Metropolitan Police Commissioner Sir John Stevens marked the opening of the new Sutton police station with an official ceremony for local police and dignitaries.

Building gets under way on Newcastle Hospital project
27 February 2004
Newcastle’s Freeman Hospital hosted a turf-cutting ceremony at 2.00pm on 26 February to formally mark the start of construction work on a new multi-storey car park on the hospital campus.
Excellcare Reaches Financial Close on Sandwell Lift Project
20 February 2004
Sandwell is the first LIFT project to reach financial close of the six around the country where ExcellCare is the preferred partner.
PPP Developer of the Year
11 February 2004
John Laing plc has been named Developer of the Year for 2003 in the prestigious Infrastructure Journal Awards.
Equion Signs £35m East London Hospital Deal
27 January 2004
Equion plc, a division of John Laing plc, today announces the signing of a £35 million redevelopment deal for Newham General Hospital in East London.
Laing Roads/Costain consortium signs South Wales key road deal
22 January 2004
Sirhowy Enterprise Way Ltd, a consortium made up of Laing Roads, a division of John Laing Plc, and Costain Engineering & Construction Ltd, a division of Costain Group Plc has signed a £38 million pound agreement with Caerphilly County Borough Council to build and improve roads in the heart of the Sirhowy Valley.
ExcellCare reaches Financial Close on Greater Nottingham LIFT
16 January 2004
ExcellCare Ltd, a joint venture between Equion plc and the Bank of Scotland, has signed a £45m public private sector partnership contract with the Department of Health, through Partnerships for Health, to deliver 21st century primary health and social care and local authority facilities in Greater Nottingham. The agreement will be delivered under the Local Improvement Finance Trust (LIFT) initiative.
Walsall street lighting PFI project reaches completion in record time
01 January 2004
An award-winning £85m PFI project for Walsall Metropolitan Borough Council carried out by a partnership between Laing Roads, Barclays European Infrastructure Fund and Amey, the support services specialist, has completed a landmark by replacing over 18,000 street lighting columns in under two and a half years.
ExcellCare signs £35m South Derby LIFT project
01 January 2004
ExcellCare Ltd, a joint venture between Equion and the Bank of Scotland, has signed a £35m public private sector partnership contract with the Department of Health, through Partnerships for Health, to deliver front-line health and social care facilities for Southern Derbyshire.