Interserve and consortium partner reach financial close on Holy Cross College in Northern Ireland

Interserve and consortium partner O'Hare & McGovern have reached financial close on a £16m school PPP in Northern Ireland

The consortium will construct and operate the Holy Cross College in Strabane, County Tyrone.

Interserve will be responsible for facilities management once the 1800-capacity college opens in 2008. Services include estates management, security and grounds maintenance.

Adrian Ringrose, chief executive of Interserve, said: "This latest contract award in Northern Ireland demonstrates the success of the partnership we have formed with O'Hare McGovern and the Department of Education.”

Interserve has Interserve is currently provides services at three educational PPP projects in Northern Ireland. It has a PFI education portfolio of 38 schools and colleges across nine signed projects in the UK.