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Centrus to advise the CAA in relation to Heathrow’s expansion plans and price control

Centrus has been appointed to advise the UK CAA in relation to Heathrow’s expansion plans and price control. The Civil Aviation Authority (“CAA”) has granted Centrus the role of its strategic financial advisor.

Heathrow’s third runway expansion is currently estimated to cost approximately £14 billion with a target operational date of 2026. The CAA is looking to implement regulatory arrangements and a price control relating to this planned expansion.

After a competitive process, Centrus has been selected based on our extensive experience in regulatory finance and delivering infrastructure financing for clients.

The Centrus team will be led by partner Geoff Knight and includes Kate Mingay who provides additional experience to the team of large-scale complex infrastructure projects in the public and private sectors with a regulatory dimension.

To learn more about our presence in the Infrastructure sector, please click here.

Geoff Knight, Director of Centrus commented We are delighted to have been appointed to advise the CAA on the basis of our experience and expertise in infrastructure financing. We look forward to working with the CAA and other stakeholders over the medium term to help deliver a successful outcome.

With a range of economic infrastructure clients in the UK and Ireland, and crossover with our utility clients and capabilities, Centrus has a deep understanding of the ownership and financing structures and issues faced by our clients. We have extensive experience of financing these entities on both a corporate and structured finance basis. To learn more about our presence in the sector, please click here.

More information at the CAA website by clicking here.