Balfour Beatty sells PFI stake in problem-plagued Aberdeen bypass

balfour beatty

Scheme hit firm for £200m

Balfour Beatty has sold its stake in the loss-making Aberdeen bypass which chief executive Leo Quinn said had cost the team building it £500m more than it should have.

The firm carried out the PFI job, known as the Aberdeen Western Peripheral Route, in a joint venture with Carillion and Galliford Try.

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

 

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

  • Limited access to building.co.uk
  • Breaking industry news as it happens
  • Breaking, daily and weekly e-newsletters

Get your free guest access  SIGN UP TODAY

Gated access promo

Subscribe now for unlimited access

 

Subscribe to Building today and you will benefit from:

  • Unlimited access to all stories including expert analysis and comment from industry leaders
  • Our league tables, cost models and economics data
  • Our online archive of over 10,000 articles
  • Building magazine digital editions
  • Building magazine print editions
  • Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community