Amey Secures Long-Term £70 Million Funding to Advance MOD Equipment and Infrastructure Support

Amey Secures Long-Term £70 Million Funding to Advance MOD Equipment and Infrastructure Support

(IN BRIEF) Amey has completed a £70 million refinancing and acquisition initiative with HSBC and NatWest, securing long-term funding through June 2030 to reinforce its operations with the Ministry of Defence. The new facility provides Amey with the flexibility to invest in asset renewal, service innovation, and future growth under its defence contracts. The transaction, involving collaboration among institutions including KPMG, Osborne Clarke, CMS, Chatham Financial, and Norton Rose Fulbright, represents a key milestone in strengthening Amey’s financial position and its continued support for the MOD’s mission readiness and operational excellence.

(PRESS RELEASE) OXFORD, 23-Oct-2025 — /EuropaWire/ — Amey, one of the UK’s foremost infrastructure and facilities management companies, has successfully finalized a £70 million asset-based lending agreement with banking partners HSBC and NatWest, marking the completion of a significant acquisition and refinancing milestone. This new long-term funding arrangement, which extends to June 2030, strengthens Amey’s financial platform and ensures the continuity of its critical work in support of the Ministry of Defence (MOD).

The financing package provides Amey with enhanced financial flexibility to invest in innovation, asset renewal, and operational efficiency under its defence equipment management contract. Designed to sustain mission-readiness across the MOD’s fleet and infrastructure, the refinancing also positions the company to pursue broader growth opportunities in the defence sector while delivering long-term value to government clients.

The transaction reflects the coordinated expertise of multiple partners, each contributing to its successful completion. HSBC and NatWest acted as lead lenders and hedging banks, while KPMG advised Amey on debt strategy and structure. Legal and advisory support came from Osborne Clarke and CMS, with Chatham Financial managing hedging activities. Norton Rose Fulbright and Lambert Smith Hampton represented the lenders, overseeing legal and valuation due diligence, while Pinsent Masons acted as Briggs sale legal advisor.

The deal also included the novation of existing interest rate swaps to the new banking consortium, ensuring smooth transition and continuity in risk management. The collaboration among all parties resulted in a transaction executed with precision and speed, reflecting a shared confidence in Amey’s growth trajectory.

Andrew Nelson, Amey’s Chief Finance Officer, emphasized the importance of the refinancing:

“Securing this £70 million facility with HSBC and NatWest demonstrates strong market confidence in our long-term strategy. It gives Amey the financial scope to invest in upgraded assets, enhance service delivery, and ensure operational excellence for the MOD. This marks a key step forward in supporting defence readiness while enabling future investment across our business.”

With this renewed financial foundation, Amey is better positioned to expand its defence portfolio, improve delivery performance, and strengthen its partnership with the UK Government. The new funding aligns with Amey’s commitment to operational resilience, innovation, and continued leadership in public sector asset management.

Key facts about Amey

We are a leading provider of full life-cycle engineering, operations and decarbonisation solutions, for transport infrastructure and complex facilities.

Our purpose is to deliver sustainable infrastructure solutions, enhancing life, protecting our shared future.

We combine exceptional expertise in Consulting & Design, Advisory & Analytics, Transport Infrastructure and Complex Facilities to design, manage, and maintain clients’ assets throughout their lifetime.

Our leading data and analytics capability enables us to create transformative solutions that strengthen resilience and drive sustainable improvements.

Media Contact:

email: press.office@amey.co.uk
Tel: +44 (0) 1865 713 240

SOURCE: Amey