Higher Education PPP Programme Bundle Two in Ireland

QMPF LLP is delighted to announce that it has advised Invesis on the successful financial close of the Higher Education PPP Programme Bundle Two in Ireland – a twenty five year PPP with the Department of Further and Higher Education, Research, Innovation and Science.

The project, the second phase of the Higher Education PPP Programme, consists of the design, build, finance, maintenance and operation of five major facilities at three leading technological universities across Ireland. Construction work on the €380m project is now underway with the facilities scheduled for completion across 2027 and 2028. Financing is provided by the Allied Irish Banks, p.l.c, The Governor and Company of Bank of Ireland, the European Investment Bank and Rabobank Wholesale Clients Netherlands.

QMPF provided financial advice to Invesis throughout the procurement process including financial model development, engagement with funders and the National Development Finance Agency,  which was responsible for the procurement of this PPP project on behalf of the Department of Further and Higher Education,  Research, Innovation and Science.

Gareth Thomson, Senior Project Finance Manager at Invesis said: 

“QMPF played a pivotal role in the successful delivery of this project. Their expert advice and financial modelling were instrumental in helping us deliver a successful financial close and secure a tailored financial solution. Their perseverance and commitment over the multiple years it took to bring this project to life were truly commendable. They remained a trusted and responsive partner throughout, and we’re grateful for their support. We look forward to working with them again in the future.”