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Laing Roads news

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Norway opens first PPP road
Tuesday, August 23, 2005
The first PPP road in Norway, the E39, was officially opened to traffic on 1 July 2005, some two months ahead of schedule.


John Laing consortium reaches financial close on Finnish E18 motorway project
Thursday, October 27, 2005
John Laing plc (John Laing) has today announced that a consortium consisting of Laing Roads, Skanska Infrastructure Development AB from Sweden and Lemminkäinen Corporation from Finland has reached financial close on the €299m E18 Muurla–Lohja Motorway Project. John Laing will invest approximately £8m in the concession company, representing a 41% interest.


Macquarie Infrastructure Group to join John Laing consortium for US bid
Wednesday, September 07, 2005
In July 2005, John Laing announced that, together with its partners in the DCMI
(Dulles Corridor Mobility Initiative) consortium, it had submitted a proposal to
the Virginia Department of Transportation ("VDOT") to establish a 50-year toll
road concession over the Dulles Toll Road between Washington DC and Dulles
International Airport.


Financial close reached on A1 motorway project in Poland
Friday, July 29, 2005
John Laing plc today announces that the Gdansk Transport Company ("GTC"), in which it holds a 29.69% stake, has reached financial close on the Euro700 million project to design, build, finance and operate the A1 motorway in Poland.


John Laing sponsors US$1 billion Virginia toll road proposal
Tuesday, July 26, 2005
John Laing Plc (“Laing”) announces that it has bid for its first PPP investment in the USA.


John Laing appointed preferred bidder on Finnish E18 motorway project
Wednesday, June 15, 2005
John Laing plc (John Laing) has today announced that a consortium consisting of Laing Roads, Skanska BOT AB from Sweden and Lemminkäinen Group from Finland has been appointed preferred bidder for the €335m E18 Muurla–Lohja Motorway Project. John Laing will invest approximately £9m in the concession company.


John Laing Plc takes 30% stake in Poland’s A1 motorway project
Friday, December 03, 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
BBC Director Chris Cole with a kestrel chick found nesting in a box between Banbury and Warwick.


Walsall street lighting PFI project reaches completion in record time
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.


Disposal of 50% in UK Highways M40 to SMIF for £26.25 million
Friday, October 15, 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.


John Laing plc to acquire remaining 50% in UK Highways M40
Monday, June 28, 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.


Amey and Laing awarded £165 million street lighting contract by Manchester City Council
Thursday, April 01, 2004
Amey and Laing Roads, its consortium partner, have been awarded a £165 million street lighting PFI contract by Manchester City Council.


Laing Roads / Costain consortium signs PFI deal for key road scheme in South Wales
Thursday, January 22, 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. Laing and Costain have an equal share in the consortium.


Laing Roads and Amey Awarded £120 million Street Lighting Contract by Wakefield Council
Tuesday, December 23, 2003
Laing Roads and its consortium partner Amey plc have been awarded a £120 million public and street lighting PFI contract by Wakefield Metropolitan District Council (Wakefield MDC). The project delivery company is co-owned by Laing Roads, a division of John Laing plc, the UK's leading PPP/PFI infrastructure investor and Amey plc, the support services specialist.


Preferred Bidder Announced for Sirhowy Enterprise Way - PFI Scheme
Friday, August 22, 2003
Caerphilly County Borough Council has announced National Road Operators, a partnership between Laing Roads Ltd and Costain, as Preferred Bidder, to design, build, finance and operate this £38 million (capital) road through the Private Finance Initiative (PFI).


Walsall Council switches street lights to green power
Friday, August 01, 2003
Walsall Council has taken a major step towards protecting the environment after securing an innovative contract to supply the borough’s street lights with ‘green’ electricity.


Laing Roads Consortium Reaches Financial Close on Norway's First Privately Financed Road
Monday, April 07, 2003
 In one of the quickest transactions yet seen in the European PPP market, Orkdalsvegen, a consortium formed by Laing Roads (a division of John Laing Plc) and Skanska BOT, has reached financial close with the Vegdirektoratet, Norway’s state roads agency, for the first Norwegian PPP roads project. The project, the E39 between Klett and Bardshaug, near Trondheim, is the main arterial road for the western part of Norway.


Photo - Road

The E4 Nelostie road in Finland
       
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