HISCo will provide a ‘design-build-finance’ service for onsite and offsite infrastructure, on fully commercial terms, to developers and landowners.

The type of infrastructure that HISCo will typically deliver includes estate roads, footpaths, cycle lanes, water and wastewater facilities, (mains and connections), amenity areas, utilities, public lighting, etc. In addition to on-site infrastructure, we also provide solutions to associated off-site infrastructure deficits e.g. Waste Water Treatment Plants, Roundabouts, Bridges, Link Roads, etc.

HISCo’s business model is ideally suited to deliver infrastructure across sites in multiple ownerships and to single-owner sites of scale.

The Company operates nationwide.

Projects to be considered must be predominantly residential however, there is a recognition that most schemes will contain retail and/or commercial elements

HISCo aims to support the delivery of schemes that contain a mix of accommodation types and tenures

The unique advantage of engaging HISCo is that repayment of the capital investment will only be required at a stage when the developer starts to realise income from the sale, or first occupation, of units, thereby reducing the pressure to tie up funding during the initial construction stages.

The release of such funding can open up the opportunity to finance other elements of the project.

HISCo has developed a Financial Model which calculates a fee per unit based on the cost of designing, managing and constructing the infrastructure. The fee will include a competitive rate of return for the investment by HISCo.

The unit fee is then payable on the sale, or first lease, of each individual unit.

The joint shareholders of HISCo are Cork County Council and the Ireland Strategic Investment Fund, (managed and controlled by the National Treasury Management Agency)

The contractual relationship between the Developer and HISCo will be governed by an Infrastructure Agreement which will clearly lay out the legal and financial responsibilities for both parties.

At the initial stages you are encouraged to discuss your project with a member of the HISCo team:

Niall Morrissey: 087 853 7000

Carl Rushe: 087 912 6585

Call or Email our office:

00 353 21 242 4124

info@hisco.ie