DLA Piper takes on NHS trust PFI work

DLA Piper has advised three Peterborough NHS trusts on a PFI healthcare project that will include a new 612-bed acute hospital, a 102-bed mental health unit and an integrated care centre with 34 specialist rehabilitation beds. DLA Piper advised the trusts on all aspects of the funding and management, with finance and projects partner Nick Maltby leading the team. Lawyers from other practices acting on the deal included real estate partner Andrew Clarke and employment partner Kate Payne. The £446m bond finance project finalised by Peterborough and Stamford Hospitals NHS Foundation Trust, Peterborough Primary Care Trust and Cambridgeshire and Peterborough Mental Health Partnership Trust, alongside Progress Health, gained government approval in June.