Interserve consortium reaches financial close on St Helens Schools project
The Environments for Learning consortium (E4L), led by Interserve, has reached financial close on a £63 million schools project for St Helens Council. Two schools are involved, Rainford High Technology College and De La Salle School at a capital cost of £48 million. Interserve will subsequently deliver facilities management services at Rainford worth £15 million over 25 years.
At De La Salle, which will have places for 1215 pupils from age 11 to 16, about 45% of the buildings will be new and the rest will undergo major refurbishment. There will be phased handovers, with the final phase at Rainford expected to be ready for occupation in the Spring term of 2013 and at De La Salle in the Summer term.
