Concessio Canonical ID
GB11P0000205
Registry Preview
Overview
Capital value
£96m
HMT 2025
Expiry
2027
1 year remaining
Unitary charge
£14.87m
FY 2026-27
Deep Scan
Investment ThesisLocked
M6 DBFO is an operational Private Finance Initiative toll road concession in the United Kingdom, with 1 year remaining to the 2027 contract end — grantor Transport Scotland, operated by Autolink Concessionaires (M6) PLC, a 3-holder equity registry on file (HMT 2025).
The full deep-scan thesis, valuation narrative and market dynamics is available in the Concessio platform.Request a free trial →
Public Registry Fields
General Information
Display format
GB-11-P-000020-5
Country
United Kingdom (GB)
Sector
Toll Road (11)
Family
Transport
Structure
PFI/PF2 (P) · Private Finance Initiative
Grantor
Transport Scotland
Operator
Autolink Concessionaires (M6) PLC
Financial close
01 Apr 1997
Operations start
16 Apr 1999
Contract end
28 Jul 2027
Capital value
£96m (HMT 2025)
Unitary charge (2026-27)
£14.87m
Equity holders (2025)INNISFREE NOMINEES — 66% · SIR ROBERT MCALPINE CAPITAL VENTURES — 23% · SIR ROBERT MCALPINE PENSION SCHEME — 11%
Want full data on 22,000 concessions?
What you see here scratches the surface — clause text, term values, KPI series and comps are in the app.
Contract Economics
Financial Terms & ClausesLocked
| Term | Value | Price base | Period | As of |
|---|---|---|---|---|
| Unitary charge (annual) | £14.87m | Nominal · outturn | FY 2026-27 | HMT 2025 · verified |
| Indexation basis | ||||
| Availability deductions | ||||
| Performance deductions | ||||
| Market testing / benchmarking | ||||
| Termination compensation | ||||
| Change in law | ||||
| Handback provisions |
Locked rows show the standard UK PFI project agreement term set tracked by Concessio; extracted values render as they are verified against primary sources. Full clause text and citations are available in the app.
Term values for this concession unlock in the platform.Request access →
Sector-Benchmarked
Operating KPIsLocked
| Metric | Latest | Period | Sector percentile | Coverage |
|---|---|---|---|---|
| Concession period (years) | 28.3 | — | 65th |
registry |
| Capital value | £96m | 2025 | 40th |
HMT annual · public |
| Availability (%) | ||||
| Deductions (% of UC) | ||||
| Lifecycle spend vs plan (%) |
Percentile bars show this concession's position against Toll Road benchmark cohorts in the registry (largest cohort n=2,704). Interquartile band shaded. Locked rows show the standard KPI set for this asset class — series and percentile placement unlock in the app.
Equity History
Ownership & TransactionsLocked
| Date | Event | Stake | Consideration | Implied EV | Counterparty |
|---|
This information is available in the Concessio platform. To explore the full transaction history for this concession, request access.
Request a free trial
Counterparties
Parties & ContactsPartial
Grantor
Transport Scotland
Scottish Government · United Kingdom
Operator / SPV
Autolink Concessionaires (M6) PLC
Company No. 03201364
In the full profile
Management service co.
Hard FM provider
Senior lenders
Financial adviser
Legal adviser
Diligence Signals
Risk & CounterpartyLocked
Diligence signals
Grantor election exposure
Disputes & precedent
The full risk register covers counterparty credit, political cycle, regulatory determinations and dispute history for concessions in this class.
Want to dig into this concession?
We'll help you find what you need — from clause text to comps.
Public Record
FAQs
Who is the grantor of this concession?
The grantor on file is Transport Scotland.
Who operates M6 DBFO?
The operator on record is Autolink Concessionaires (M6) PLC.
When does the concession expire?
The contract end on file is 28 Jul 2027 — 1 year remaining.
What is the unitary charge?
The unitary charge for FY 2026-27 is £14.87m per the HM Treasury 2025 return. The full indexed schedule is available in the platform.
What is the capital value?
£96m per the HM Treasury 2025 return.
Who holds the equity?
Per the HMT 2025 return: INNISFREE NOMINEES (66%), SIR ROBERT MCALPINE CAPITAL VENTURES (23%), SIR ROBERT MCALPINE PENSION SCHEME (11%). Transaction history is available in the platform.
Transparency
Data & Sources
How this entry is verified
Reconciled against HM Treasury PFI/PF2 2025 summary data. View the gov.uk publication →
How Concessio sources data
Records are extracted from primary public sources — regulatory filings, government disclosures and official registries — and cross-checked before entering the platform. Every published datum carries its source citation in the app.