Prisoners will recycle hundreds of bikes for hospital staff through our Lifecycle Project

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Enquiries

Teneo

Matthew Thomlinson: +44 7785 528363

Jesse Mathews: +44 7912 783513

E-mail: IRCP@teneo.com

We are thrilled to report that the Lifecycle Project, founded by Bouygues E&S, InfraRed Capital Partners and Vercity, has so saved 200 bikes. Alongside Her Majesty’s Prison and Probation Service (HMPPS), we take donated bikes, renovate them in prison workshops and locate them with NHS key workers and others in need.

The Lifecycle Project’s aim is to refurbish over 900 bikes for hospital staff and children from disadvantaged backgrounds. The Lifecycle Project will also enable prisoners to gain new skills and turn their lives around by providing specialist training, helping them gain valuable skills and providing more job opportunities after they are released. Once they have completed their training, they achieve the City & Guilds Level 1 and 2 qualification in bike maintenance.

Members of the public can donate their bikes either directly at Lifecycle Project hubs, Peterborough Hospital, West Middlesex Hospital and John Radcliffe Hospital, or they can get collected by the Lifecycle Project, before they are sent to HMP Hewell and HMP Aylesbury and through the website www.lifecycleproject.org.

The Lifecycle Project’s ambition is to create a circular economy by upskilling and providing employment opportunities for ex-offenders, while creating sustainable transport in local communities and promoting health and wellbeing to key workers: ‘Donate, Renovate and Relocate’. This initiative will have long-term sustainable benefits, helping people move to a healthier, zero carbon mode of transport and reducing waste. 

 

Justice Secretary Dominic Raab said:

“Equipping prisoners with the skills to help secure a job upon release is vital to enabling them to turn their lives around, providing them with a purpose and allowing them to give something back to society.

The Lifecycle Project is a terrific scheme, providing skills in demand, and recognising the doctors, nurses and other key workers who have been the heroes of our pandemic response.”

 Governor of HMP Hewell Ralph Lubkowski, said:

 “This is a great opportunity for all of the prisoners at our repair shop. It helps them gain experience and pick up valuable skills which are very well respected on the job market, and will be a very positive addition to our Pathways to Employment strategy here at Hewell.

We are proud to be working in partnership with the Lifecycle Project to deliver this innovative recycling programme.”

 

About InfraRed Capital Partners:

InfraRed Capital Partners is an international investment manager focused on infrastructure and real estate. It operates worldwide from offices in London, New York, Sydney, Seoul and Mexico City. With around 200 professionals, it manages US$12 billion of equity capital in multiple private and listed funds, primarily for institutional investors across the globe. InfraRed Capital Partners is authorised and regulated in the UK by the Financial Conduct Authority.

InfraRed implements best-in-class practices to underpin asset management and investment decisions, promotes ethical behaviour and has established community engagement initiatives to support good causes in the wider community. InfraRed has been a signatory of the Principles of Responsible Investment since 2011 and has been awarded triple A+ score in 2019 PRI assessment.

InfraRed is a part of SLC Management which is the alternatives asset management business of Sun Life. Over the past 30 years InfraRed has established itself as a highly successful developer and custodian of core infrastructure, renewable energy and real-estate assets that play a vital role in supporting sustainable communities.

For more information go to www.ircp.com