South West Calgary Ring Road P3 Project

Acted for the preferred proponent for the $1.42 billion South West Calgary Ring Road P3 project

Client

Mountain View Partners

Value

$1.42 billion

Service

Public Private Partnerships (P3)

Date Closed

September 2016

Industry

Infrastructure

Lead Office

Toronto


 
 
On September 13, 2016, Mountain View Partners GP entered into an agreement with the Province of Alberta to design, build, finance, operate, maintain and rehabilitate the southwest leg of the ring road in the City of Calgary and to operate and maintain certain bridge structures (the "Project").  The contract is worth CAD$1.42 billion in 2016 dollars, to be paid over its 35-year term.
 
The Province of Alberta selected Mountain View Partners GP, a consortium comprised of Kiewit Canada Development Corp., Meridiam Infrastructure North America Corp., Connor, Clark & Lunn GVest Traditional Infrastructure Limited Partnership and Ledcor Developments Ltd., as the DBFO Contractor for the Project.  Osler acted for Mountain View Partners GP in connection with its winning bid and the establishment of the bank and bond facilities for the financing of the Project.
 
The Osler team was led by Tobor Emakpor and Chris Bennett (Financial Services),  and included Hannah Kingdom (Infrastructure and Financial Services), Michael Innes, Jason Comerford, Arlene Mack and Douglass Dawson (Securities), Daniel Tatone and James Clinton.

Team
Tobor  Emakpor
Key Contact

Tobor Emakpor

Partner, Commercial

Chris Bennett

Chris Bennett

Partner, Chair of Financial Services Practice

Michael  Innes

Michael Innes

Partner, Corporate

Jason  Comerford

Jason Comerford

Partner, Corporate

Hannah Kingdom

Hannah Kingdom

Associate, Health

Arlene Mack

Arlene Mack

Associate, Corporate

Douglass Dawson

Douglass Dawson

Associate, Corporate