25.06.2014 - Company announcement

Wicotec Kirkebjerg at Psychiatric Center in Skejby

The Aarsleff subsidiary Wicotec Kirkebjerg A/S is to carry out the technical contract and subsequently be the operator of the 25-year facility management contract at the New Psychiatric Center in Skejby (DNU) north of Aarhus.

The project competition for Denmark's largest PPP project so far was won by a joint venture comprising Pensionskassernes Administration A/S (PKA), Lærernes Pension Ejendomsaktieselskab and KPC Herning A/S. Subsequently, KPC, as the turnkey contractor, enters into a contract with Wicotec Kirkebjerg for the technical contract at a total value of DKK 282 million.

Wicotec Kirkebjerg’s technical contract comprises the complete technical installations including electricity, plumbing, ventilation, building automation and security systems in the 50,000-square metre new construction in Skejby. The construction work is expected to begin at the end of this year and to be taken into service at the turn of the year 2018/2019.

25-year facility management contract
In addition to the technical contract, Wicotec Kirkebjerg is to carry out facility management for the next 25 years at a total value of DKK 625 million. The operation contract for the facility management mainly comprises operation and maintenance of buildings and technical installations as well as other services.

The facility management contract will be entered into between PKA, which owns the PPP company, and Per Aarsleff A/S with Wicotec Kirkebjerg as the executing contractor.

Denmark’s largest PPP project
The project, New Psychiatric Center in the New University Hospital in Aarhus (DNU) is Denmark's largest PPP project so far.

The contract between the parties is expected to be signed in the near future. The contract does not affect Aarsleff's earnings expectations for the financial year 2013/2014.