| Asset Type | Transportation Infrastructure (Greenfield PPP) |
| Status | In construction |
| Project Description | Project involves the design, construction, financing and maintenance of a suburban train maintenance center, which will include an inspection building, a workshop for major repairs, a wheel profiling workshop, a washing process building, and a day garage to park the trains |
| Project Revenues | 100% availability-based (no exposure to volume / market risk) |
| Counterparty | Réseau de transport métropolitain (RTM) (formerly AMT: agency of the government of Québec coordinating public transportation services across the Montreal region) |
| Concession Expiry | 2048 (concession term: 30 years after substantial completion) |
| Asset Type | Social Infrastructure |
| Status | Operational |
| Asset Description | Portfolio of 37 long-term care homes |
| Asset Revenues | Long-term care homes are regulated and funded by the provincial governments. Residents are also typically subject to a co-payment. Funding rates are set by the government on an annual basis in each province. |
| Counterparty | Provincial health ministries or regional agencies responsible for long term care in each province |
| Project Type | Social Infrastructure (Greenfield PPP) |
| Status | Operational (substantial completion reached on February 19, 2019) |
| Project Description | The project involves the design, construction, financing and maintenance of a ~250,000sq.ft. patient care wing that will be attached to the existing Etobicoke General Hospital. It will accommodate acute clinical services and administrative functions for the broader Etobicoke General Hospital. |
| Project Revenues | 100% availability-based (no exposure to volume / market risk) |
| Counterparty | The William Osler Health System. |
| Concession Expiry | 2048 (30 years following substantial completion) |
| Asset Type | Energy and Social Infrastructure |
| Status | Operational |
| Asset Description | 50-year concession to operate and maintain The Ohio State University’s campus district energy system, including the production and/or distribution of steam, chilled water, natural gas, and electricity across the 485-building Columbus campus and implementation of a comprehensive energy conservation program designed to increase system efficiency by 25% or greater. |
| Asset Revenues | In exchange for an upfront payment, the Concessionaire receives three revenue streams: (i) a fixed $45 million per year (escalating at 1.5% per annum); (ii) a return on investment for capital improvements made to the system over the term of the concession; and (iii) payment of operating costs on a pass-through basis. |
| Counterparty | The Ohio State University (S&P: AA; Moody’s: Aa1) |
| Concession Expiry | 2067 |
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