§ Mr. BercowTo ask the Secretary of State for Transport, Local Government and the Regions how many Private Finance Initiative projects have been subject to refinancing after the contracts have been signed; and what has been the financial effect in each case. [50290]
§ Dr. WhiteheadThree of my Department's Private Finance Initiative road contracts have been refinanced. These are listed, together with the value of the share received from the companies concerned.
Project Operating company £ million A19/A168 Di shforth-Tyne Tunnel Autolink Concessionaires A19 Ltd. 1.5 M1-A1 Link Yorkshire Link Ltd. —— M40 Denham-Warwick UK Highways Ltd. 1.6