# Street Lighting PFI - Apollo Financial Advisor

> Contract award record from UK public-sector procurement sources.

## Key facts

- Public buyer: [NORTH TYNESIDE COUNCIL](/buyers/north-tyneside-council/contract-awards)
- Contract winner: [KPMG LLP](/contract-winners/kpmg/public-sector-contract-awards)
- Award value: £37,545
- Tender value: £37,545
- Award date: 16 December 2016
- Published: 19 December 2016
- Contract start: 19 December 2016
- Contract end: 31 March 2017
- Stage: awarded
- Procurement category: services
- Notice ID: 0e1bf6d9-c8c6-4dcd-b295-49114203c34b-121829
- OCID: ocds-b5fd17-64aed76f-6d5d-4abb-a6c8-6d4d69543d78

## Description

The service on behalf of North Tyneside and Newcastle City Council is for an Apollo Financial Advisor for the Street Lighting PFI\. The advice is required on the equity sale, associated transactions and the potential refinancing gain\. The Authorities require a financial advisor to take on a review role to satisfy both North Tyneside Council and Newcastle City Council, as part of the consent process, for the sale of equity and debt transfer\.

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## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/0e1bf6d9-c8c6-4dcd-b295-49114203c34b-121829)