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15 October 2015 Auckland Prison PPP Financial Close
8 May 2015 Schools PPP - New Aranui campus plans revealed
6 May 2015 Future Schools Partners proud to build four new schools across New Zealand
11 February 2015 Future Schools Partners announced as preferred bidder on NZ Schools PPP
18 December 2014 Wollongong University Student Accommodation
14 April 2014 Consortium shortlisted for PPP Auckland Prison project
5 March 2014 Four new schools to be built by PPPs
3 December 2013 Transmission Gully PPP Bid Unsuccessful
18 April 2013 New Investment - Bendigo Healthcare Accommodation Facility
4 February 2013 New primary school opens in Hobsonville Point
18 April 2012 Morrison & Co public-private partnership fund with NZ Super Fund money, sees up to half investment going to Australia
11 April 2012 New Zealand’s First Public Private Partnership
7 April 2012 Hobsonville schools to be built under public private partnership
19 March 2012 - International evidence shows health PPPs provide value for money in the provision of health infrastructure
14 March 2012 PIP Fund consortium announced as Preferred Bidder for Hobsonville Schools PPP
20 February 2012 Press Release CAISSE AND PLENARY GROUP PARTNER
23 December 2011 Canterbury DHB to explore private funding
4 July 2011 Govt to spend $17 billion on infrastructure
22 June 2011 Govt considers cross-agency radio network
27 May 2011 - Shortlist announced for first schools PPP
7 April 2011 Better educational outcomes through improved asset management critical success factor for PPPs
6 April 2011 Hobsonville schools PPP will bring wider benefits
30 November 2010 - Delivering Social Infrastructure in NZ - By Adrian Wimmers (Issue 1/Insight Magazine Nov 2010)
3 November 2010 Prison PPP gets green light
1 October 2010 New Zealand Social Infrastructure Fund Meets First Call to the PIP Fund
22 September 2010 - Growing Understanding for PPP's
16 August 2010 Melbourne Convention Centre Media Release
11 August 2010 - New measures to improve asset management
21 July 2010 - School property PPP moves to next stage
5 May 2010 Infrastructure Update Newsletter
3 May 2010 - Successful close for New Zealand Social Infrastructure Fund capital raising
28 April 2010 Peter Coman/NZSIF on NZI Business
15 April 2010 Judith Collins fronts up to prison criticism
14 April 2010 Public Private Partnership for Wiri Prison

15 October 2015 Auckland Prison PPP Financial Close

Public Infrastructure Partners reached Financial Close on the Auckland Prison PPP on 15 September 2015.

The Department of Corrections announced in September that financial close was reached with a Public Infrastructure Partners (PIP) Fund consortium. Next Step Partners (NSP) was the successful PPP bidder to design, build, finance and maintain a new Auckland Prison facility, and maintain the existing facility.

The NSP consortium comprises the PIP Fund, Fletcher Construction (Building and Interiors), Cushman and Wakefield (formerly DTZ) and Westpac. Fletcher is undertaking the design and construction of the new facility, Cushman and Wakefield will be responsible for the Asset Management and Facilities Maintenance and Westpac are debt providers.

Please read the shareholder announcement.

Please read the Investment Summary.