EllisDon Infrastructure Healthcare has announced that it has reached financial close on a healthcare centre redevelopment project in Toronto. This comes less than one week after West Park Healthcare Centre and Infrastructure Ontario announced that the contract to design, build, finance and maintain the project had been awarded to the EllisDon team.
Infrastructure/PPP news in North America
Bird Construction Inc. (Bird) has announced that it has been selected by Infrastructure Ontario, the Ministry of Community Safety & Correctional Services and the Ontario Provincial Police (OPP) as the preferred proponent to design, build and finance (DBF) the Ontario Provincial Police Modernization Phase 2 project.
The Government of Newfoundland and Labrador, the most easterly province of Canada, has identified a shortlist of proponents to move to the Request for Proposals (RFP) stage for the delivery of two new 60-bed long-term care homes through a public-private partnership (PPP).
The Bridging North America consortium, which comprises affiliates of ACS Group and Fluor, has been named Preferred Proponent by Windsor Detroit Bridge Authority to design, build, finance, operate and maintain the Gordie Howe International Bridge, which will connect Canada and USA.
The Oklahoma Turnpike Authority has published a Request for Qualifications (RFQ) for the Gilcrease Expressway West P3 project. The authority is seeking interested and qualified firms to construct and finance an 8km expressway on the west side of Tulsa, Oklahoma, located in the south-central region of the USA. The estimated construction cost is US$230 million.
Edgemoor-Star America Judicial Partners (ESJP), comprised of Edgemoor Infrastructure & Real Estate and Star America Infrastructure Partners, has been selected by Howard County as its preferred partner to design, build, finance, operate and maintain (DBFOM) a new Circuit Courthouse.
The City of Los Angeles’ Municipal Facilities Committee has recommended a public-private partnership (PPP) for the development of a new civic centre in the city, which is located in Southern California, south-west USA.
Alabama Department of Transportation (ALDOT)'s application for a US$250 million grant for the I-10 Mobile River Bridge and Bayway Widening PPP project to the US Department of Transportation's Infrastructure for Rebuilding America (INFRA) funding programme has been rejected, threatening the future of the project.
The Chicago Infrastructure Trust (CIT), on behalf of the city government, has selected The Boring Company to design, build, finance, operate and maintain an underground express train service between O'Hare International Airport and the city's central business district.
Members of the LAX Integrated Express Solutions (LINXS) joint venture team have announced that the Automated People Mover (APM) project at Los Angeles International Airport (LAX) has reached financial close. The project is valued at approximately US$4.9 billion by Los Angeles World Airports (LAWA), which includes all design, construction, commissioning, operations and maintenance costs over the 30-year concession period.
P3 Mobility (P3M) has been selected to develop a pilot program to test connected vehicle infrastructure and technology in Oakland County, located in Michigan, USA, through a public-private partnership.
Plenary Group has announced that, as leader of the Plenary PCL Justice consortium, it has reached financial close on the Abbotsford Law Courts project in British Columbia, the westernmost province of Canada.
Civic Health Development Group has secured a US$135 million loan to redevelop a derelict hospital in Chicago, envisaged as a US$1 billion home for hotels, medical offices, retail space, apartments and more.
The Minister of Innovation, Science and Economic Development of the Government of Canada has ordered China Communications Construction Company International Holding Limited (CCCI) not to implement the proposed acquisition of Aecon Group Inc., one of the largest infrastructure developers in the country, in order to protect Canada's national security.
Sacyr Concesiones has announced the close of financing of its two concessions in Mexico. The company has secured EUR86 million (US$100.82 million) for the Tlahuac hospital in Mexico City from the Mexican development bank Banobras, and another EUR86 million from Banco Interacciones for the Pirámides-Tulancingo-Pachuca highway.
Ernst & Young (EY) Infrastructure Advisors has advised the Honolulu Authority for Rapid Transportation (HART) that the long-delayed completion of the rail transit system in the city should be undertaken through a public-private partnership.
Infrastructure Ontario and Metrolinx have announced that their preferred proponent for the Finch West Light Rail Transit (LRT) project, Mosaic Transit Group, has signed a contract valued at CAD2.5 billion (US$1.94 billion) for the design, construction, financing and maintenance of the 11km light rail line in Toronto.
US private equity firm KKR has closed its Global Infrastructure Investors III for the first time at US$6 billion.
Infrastructure Ontario (IO) and Metrolinx have issued a Request for Proposals (RFP) to three shortlisted teams to design, build and finance the Lakeshore West Infrastructure Improvements project.
The private investment arm of the Inter-American Development Bank (IDB), the Inter-American Investment Corporation, has approved a US$200 million loan for the construction of a thermal solid waste treatment plant in Mexico City being developed through a public-private partnership.