HC Deb 24 June 2004 vol 422 c1533W
Alan Simpson

To ask the Secretary of State for Transport if he will list the private finance initiative/public private partnership schemes his Department has entered into that have been subject to refinancing deals, indicating in each case how much of the windfall gain has been repaid to the Government. [179062]

Mr. McNulty

Details of the refinancing arrangements on Government sponsored PFI projects were published on 31 March 2004,Official Report, column 1412W. The Department for Transport has also sponsored the following additional PFI and two PPP schemes that have been refinanced: Essex County Council A130 (PFI), London Underground£Tubelines (PPP), and National Air Traffic Control (PPP). Only the London Underground£Tubelines scheme generated a refranchising gain (£70 million), from which £42 million (60 per cent.) was repaid to Government.