| Asset Type | Transportation infrastructure |
| Status | Operational |
| Asset Description | Highway 407 is the world’s first all-electronic, open-access toll highway, stretching 108 kilometers from the west to the east of the Greater Toronto Area. The highway forms part of the 400-series highways, serving as a bypass of Highway 401 and a major east-west corridor across the suburbs to the north of the city. |
| Asset Revenues | 100% toll-based (all-electronic tolling) |
| Concession Expiry | 2098 (concession term: 99 years) |
| Project Website | For more information visit: www.407etr.com |
| Asset Type | Energy Infrastructure (100% wind) |
| Status | Operational |
| Asset Description | 1,062 MW diversified portfolio of 7 wind assets. The portfolio is located in 3 states in the US. The portfolio has a weighted average operational age of 7 years and strong historical availability. 65% of capacity is currently contracted under long term offtake agreements. |
| Asset Revenues | The assets are primarily contracted under long-term PPAs with high-grade utility and corporate counterparties that bear a weighted average credit rating of A. Part of the portfolio currently operates on a merchant basis. |
| Contract Expiry | Portfolio has remaining average off-take tenor of 7 years with assets earning revenue on a merchant basis or through new long-term agreements thereafter. |
| Asset Type | Energy Infrastructure (District heating & cooling) |
| Status | Operational (generation unit COD between 1980 and 2017) |
| Asset Description | Tri-generation energy complex located in Boston’s Longwood Medical and Academic Area (LMA). Medical Area Total Energy Plan (MATEP) provides 100 MW of electricity capacity, 1,000,000 lbs / hr of steam capacity, and 41,000 tons chilled water. |
| Asset Revenues | Revenues derived from long-term utilities contracts with hospitals and medical institutions located in the LMA, including six hospitals affiliated with Harvard University. |
| Counterparty | Institutes affiliated with Harvard Institutes of Medicine (Boston Children’s Hospital, Brigham & Women’s Hospital, Beth Israel, Dana-Farber Cancer Institute, Harvard Medical School, Joslin Diabetes Center) (Average credit rating of AA-) |
| Contract Expiry | 2051 (~33 years following acquisition closing) |
| Asset Type | Transportation Infrastructure |
| Status | Operational (project completion was achieved on December 18, 2019) |
| 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) |
