BLP advises E.ON on £30m PFI street lighting project
Berwin Leighton Paisner (BLP) advised E.ON UK PLC as main contractor on the £30m Blackpool Street Lighting and Traffic Signals PFI project. E.ON is one of the leading power and gas companies in the UK. The 25-year contract will provide for the replacement and maintenance of more than 16,000 street lights and more than 100 traffic signal junctions in the Blackpool area.
Funding was provided to the PFI consortium, Community Lighting Partnership (Blackpool) Limited, by Barclays Bank and National Australia Bank.
The BLP team was headed by Projects Partner, Jim Buchanan and comprised, Kenneth Addly, Katherine Calder, Stephen Palmer, Mirren Waters and Richard Lloyd from the Projects Group. Keely Hibbitt provided Corporate advice and Nicole Hallegua and David Dennison provided, respectively, Employment and Pensions advice.
BLP is advising E.ON UK PLC on a further four PFI streetlighting projects, which have reached preferred bidder/final tender stage.
Jim Buchanan, commented “This was BLP’s first mandate acting for E.ON and the team was delighted to have helped steer E.ON to its first successful close on a PFI street lighting project. We look forward to advising E.ON on the next tranche of projects and further strengthening our relationship with the E.ON team.”
Wragge & Co advised Community Lighting Partnership (Blackpool) Limited, Ashurst advised Barclays Bank and National Australia Bank and Pinsent Masons advised Blackpool Borough Council.
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