Asset type | Social Infrastructure (long-term care facilities) |
Status | Operational |
Asset Description | 90-95% interest in 25 facilities representing 2,935 beds located in Alberta and BC. Optima Living is the operator and owns the balance of the equity ownership interest in the portfolio. |
Asset Revenues | Continuing care facilities in Alberta and British Columbia are licensed, regulated and funded by the provincial government. The provincial government subsidizes the care, programs, supplies and accommodation costs of the residents, who are also subject to a co-payment. The funding rates paid by the government and the residents to the operators are set on an annual basis. |
Counterparty | Alberta Health Services and various B.C. Regional Health Authorities |
Asset type | Energy Infrastructure |
Status | Operational (COD in October 2015) |
Asset Description | 100 MW operating wind facility located in Lambton County, Ontario. The wind facility was developed under Ontario’s Feed-in-Tariff (FiT) program. |
Asset Revenues | 100% of power produced is sold to the IESO under a 20-year Power Purchase Agreement (PPA). |
Counterparty | IESO (rated Aa3 by Moody’s) |
Asset Type | Transportation infrastructure |
Status | Operational (COD in October 2007) |
Asset Description | Design, construction, financing and operation of 11km of new four and six-lane divided roadway forming the southeast quadrant of a larger ring road around the City of Edmonton, as well as maintenance of the existing southwest portion of the highway |
Counterparty | Province of Alberta |
Concession Expiry | 2037 (30 years following COD) |
Asset's Website | For more information visit: www.lafargeinfrastructure.ca/Index.aspx |
Asset Type | Energy Infrastructure |
Status | Operational |
Asset Description | Nine solar PV facilities in Ontario totalling 101.5 MWdc of aggregate generation capacity located in the municipalities of Smiths Falls, Perth, Coldwater, and Wyebridge. The installations were developed under the government's Feed-in-Tariff (FiT) program. |
Asset Revenues | 100% of power produced is sold under 20-year Power Purchase Agreements (PPAs) |
Counterparty | IESO |
PPA Expiry | 2033 and onward (20 years following COD) |