Ashursts balances PFI deal by avoiding banks
Ashurst Morris Crisp’s head of projects Mark Elsey (right), led a team advising UK Detention Services (UKDS), on avoiding bank financing for the construction and maintenance under the Private Finance Initiative (PFI) of a £55m prison at Agecroft in Salford. The deal is the first major PFI infrastructure deal not to bring in bank financiers, […]