Lend Lease Corporation Limited, through its UK public private partnership (PPP) business Catalyst Lend Lease, has agreed to sell its 50% financial interest in Catalyst Healthcare (Romford) Holdings Limited (Queen's Hospital), a UK-based hospital, to HSBC Infrastructure Company Limited for GBP23.9 million. Join discussion...

HSBC Infrastructure (HICL.L) said on Monday it plans to raise new capital to pay down debt and help fund potential deals it is considering. The listed infrastructure fund said it plans to issue new C shares via a placing and offer for subscription. Collins Stewart and Oriel Securities will act as joint placing agents, the company said. Join discussion...

The acronym soup that is Public Private Partnerships (PPP) and Private Finance Initiative (PFI) should be familiar to readers. They are the way in which many schools, hospitals and prisons have been financed and built since 1992. The government pays a private sector consortium to build, maintain and operate the asset for the long term, as long as pre-agreed service standards are met. Join discussion...

Engineering, construction and services group Balfour Beatty PLC (LSE: BBY) said Consort, its specialist Public Private Partnership healthcare company, has reached financial close on the £170 million Fife General Hospital and Maternity Services PPP project for NHS Fife. Join discussion...

HSBC Infrastructure has announced the acquisition of additional equity in the Barnet Hospital PFI Project and the sale of the final parcel of surplus land on the Colchester Garrison PFI Project by the project company. Join discussion...