Two Prestigious Prizes awarded for the PPP of the new CHUM


Project Finance International presented awards at the acclaimed Deals of the Year Awards ceremony in New York last week to the Centre hospitalier de l'Université de Montréal (CHUM), the Collectif Santé Montréal, Infrastructure Québec, Dalkia Camada, Innisfree Secondary Fund, Laing O'Rourke, OHL and the Royal Bank of Canada for their funding of the New CHUM construction project.

In addition to receiving the North American Project Bond Deal of the Year 2011 Award for its bond issue, the new hospital centre project won this event's top prize—the Overall North America Project Finance Deal of the Year 2011 Grand Jury Award.

Bond financing for the new hospital's construction project is the largest PPP hospital venture in Canada's history. The Collectif Santé Montréal,of which Dalkia Canada is a 20 % member along with Innisfree, OHL and Laing O'Rourke is responsible for project design, construction, financing and maintenance. The Collectif Santé Montréal raised $1.37 billion through the sale of secured bonds.

Dalkia Canada will provide FM, lifecycle and energy management services for the 30 years contract duration.

Built in downtown Montreal, the new University Hospital, the largest in North America, will feature a total area of 268,000 square meters, 772 single rooms, 39 operating rooms as well as a new energy plant.

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