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The project's sheer size and complexity, along with the dam type and topography, posed significant potential risks that needed clear identification and management to reassure lenders.
We reviewed all technical and contractual components to achieve successful financial close of the US$1.2bn project, followed by regular construction monitoring.
The project has already brought many positive social impacts to the local community including the creation of 2500 direct jobs and 10,000 indirect jobs.
Even where intentions are aligned, PFI handback can stall when contractual requirements lack clarity and assessments lack consistency.
Data gaps are one of the most significant, and underestimated, risks in PFI handback. Mott MacDonald commercial director Katherine Jackson explains in this third part of her blogs on PFI handback challenges.
Late mobilisation remains one of the most consistent drivers of cost, risk and tension in PFI handback, explains Mott MacDonald commercial director Katherine Jackson.
As the first wave of UK PFI contracts approaches expiry, handback is proving to be far more than a contractual milestone. It is where years of decisions, assumptions and asset performance are tested - often all at once.
As part of an integrated team alongside Stantec and Westmar Advisors, we will help to modernize a vital link between British Columbia’s Lower Mainland, Sunshine Coast, and Vancouver Island.
Mott MacDonald has appointed Dean Radeloff, president and CEO for North America and Aimee Barwick, division general manager for the northeast United States, to its executive board, effective 1 July 2026.
Vartan Vartanian has joined Mott MacDonald’s advisory and programme delivery business as director for data centre projects.
The CPS2 framework will be used by central government departments, arm’s length bodies and the wider public sector to procure professional services across infrastructure, the built environment and defence.
Mott MacDonald has secured a leading role on Scotland Excel’s £160M national framework, supporting local authorities across Scotland with sustainable infrastructure and engineering services.
Mott MacDonald is supporting TerraPower on the Generic Design Assessment (GDA) of its Natrium advanced reactor.
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