Concessio Canonical ID
GB11P0000247
Registry Preview
Overview
Expiry
2025
Contract ended
Deep Scan
Investment ThesisLocked
Lloyd George Avenue & Callaghan Square is an operational Private Finance Initiative toll road concession in the United Kingdom — grantor Welsh Assembly Government, operated by City Link (Cardiff) Limited.
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Public Registry Fields
General Information
Display format
GB-11-P-000024-7
Country
United Kingdom (GB)
Sector
Toll Road (11)
Family
Transport
Structure
PFI/PF2 (P) · Private Finance Initiative
Grantor
Welsh Assembly Government
Operator
City Link (Cardiff) Limited
Financial close
19 Dec 2000
Operations start
18 Dec 2000
Contract end
18 Dec 2025
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Contract Economics
Financial Terms & ClausesLocked
| Term | Value | Price base | Period | As of |
|---|---|---|---|---|
| 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.
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Sector-Benchmarked
Operating KPIsLocked
| Metric | Latest | Period | Sector percentile | Coverage |
|---|---|---|---|---|
| Concession period (years) | 25 | — | 20th |
registry |
| Capital value | £45m | 2025 | 15th |
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 |
|---|
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Counterparties
Parties & ContactsPartial
Grantor
Welsh Assembly Government
Welsh Government · United Kingdom
Operator / SPV
City Link (Cardiff) Limited
Company No. 03550482
In the full profile
Sponsors / equity holders
Senior lenders
O&M contractor
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.
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Public Record
FAQs
Who is the grantor of this concession?
The grantor on file is Welsh Assembly Government.
Who operates Lloyd George Avenue & Callaghan Square?
The operator on record is City Link (Cardiff) Limited.
When does the concession expire?
The contract end on file is 18 Dec 2025 — contract ended.
Who holds the equity?
Per the HMT 2025 return: Vinci (100%). Transaction history is available in the platform.
Transparency
Data & Sources
How this entry is verified
Registry identity fields; verification expands by tranche.
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.