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Sat July 02 2022

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Battersea commission for McBains Cooper

29 Nov 13 Construction and property consultant McBains Cooper has been appointed to advise the consortium of lenders behind the redevelopment of Battersea Power Station.

Battersea Power Station's chimneys
Battersea Power Station's chimneys

McBains Cooper will provide project monitoring and technical advisory services in relation to the £750.2m facility for the Phase I element of the development.

CIMB Bank is acting as lenders’ agent to a consortium of international banks including Standard Chartered, Maybank, OCBC as well as CIMB itself, and will be providing £532m of finance for the development.

Construction on site at Battersea Power Station began this summer with site enabling works. Phase I of the Battersea Power Station redevelopment, known as Circus West, started this month and will see some 866 apartments constructed over a commercial podium accommodating retail, restaurant, gym, swimming pool, spa, theatre and office space.

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