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Aspire Defence Ltd sits at the heart of Project Allenby/Connaught. As a Private Finance Initiative funds were raised to complete the construction phase of the Project through a combination of bond funding and equity. The equity is provided by three shareholders KBR (45%) and funds managed by Innisfree (37.5%) and InfraRed (17.5%). This money has been used to meet the Project's aim of making life better for soldiers across the four garrisons it serves. Aspire Defence Ltd holds a 35 year contract with the MoD to complete a construction programme involving some 500 new or refurbished buildings and the delivery of a broad range of services across the garrisons from construction to catering, stores management, transport, building maintenance, grounds maintenance and cleaning – to name a few. In order to do this it places the construction work with Aspire Defence Capital Works and the service delivery with Aspire Defence Services Limited.
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