Skanska has divested its 50% equity stake in the public private partnership (PPP) in Royal Papworth Hospital in Cambridge, UK, under a binding stock exchange agreement to Equitix Infrastructure 3 Limited for about £9m (about SEK110m).
Now with the divestment, Skanska has no further PPP investment operations in the UK.
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Construction of the 40,000m2 specialist hospital was finished in 2019.
For the PPP project, Skanska made its original investment in 2015.
Under the PPP-contract, Skanska was responsible for design, build, finance and operations and maintenance aspects.
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Post divestment of the stake, Skanska UK will continue to deliver maintenance services to the hospital.
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By GlobalDataA specialist heart and lung hospital, Royal Papworth Hospital is operated by Royal Papworth Hospital NHS Foundation Trust.
Meanwhile, Skanska secured a contract with RWJBarnabas Health to build an ambulatory care cancer centre in Livingston, New Jersey, US.
This contract carries a value of 58m (about SEK570m).
Skanska will include this contract in the US order bookings for Q3 2022.
The five-story building on the Cooperman Barnabas Medical Center campus, will have a total 13,000 gross m2.
It will offer outpatient cancer treatment, including four new linear accelerators and a high-dose MRI unit.
Skanska will also be responsible for building a parking garage.
Construction of the cancer centre commenced in September 2022, with its completion slated for July 2025.
