Currie & Brown appointed on Welsh Education Partnership’s 21st Century Schools project

Currie & Brown will act as lender’s technical advisor on school projects across Wales.

The Welsh Education Partnership (WEPCo), which was formally established in September 2020, is a joint venture partnership between the Development Bank of Wales and Meridiam to develop more than 30 high-quality new schools and colleges throughout Wales. The first financing package will cover three initial projects with a capital value of more than £100 million.

The first project will see the co-location of Mynydd Isa Primary School and Argoed High School into a single new-build, net zero carbon facility on the site of the current high school, together with new access routes, sports fields and parking. The project will also include the demolition of the current high school.

The second project, located in Rhondda Cynon Taf, will see the rebuild of three new net zero carbon English-medium primary schools inclusive of nursery facilities at Pontyclun Primary School, Llanilltud Faerdref Primary and Penygawsi Primary School in Llantrisant. The project will allow for demolition of the existing primary school buildings and include school sports provision, access routes and parking.

Work is expected to start imminently on a third project, a new net zero carbon further education institution for Cardiff and Vale College.

Currie & Brown will provide technical assistance to the prospective banks and/or other financial institutions acting as lenders’ technical advisor to the projects.

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