Big Deals
COMPILED BY ZENA OLIJNYK AND KIEZZSA CRUZ
>
INFRASTRUCTURE DEALS
GRAHAM CAPITAL, MUNICIPALLY
CONTROLLED CORP., INVESTS
$60 MILLION IN WETASKIWIN
WATER PROJECT
CLOSING DATE: APRIL 22, 2022
A corporation wholly owned by the City
of Wetaskiwin partnered with Graham to
implement the $60 million financing in the
Wetaskiwin Wastewater Treatment Plant
Project in the City of Wetaskiwin, Alberta.
is project was implemented using
the new Municipal Asset Partnership
approach from Graham Capital Inc.,
which is a unique project approach
allowing municipalities to retain owner-
ship of their assets.
Graham and Aquatera Utilities Inc. were
selected to provide the construction and
long-term operations and maintenance
services, respectively.
Borden Ladner Gervais LLP acted for
Graham Capital, led by Sarah Bird and in-
cluding Darcy McKitrick, Gautam Dhill-
on, and Doug Sanders.
McCarthy Tétrault LLP acted for the
finance parties with a team led by Saman-
tha Cunliffe and Liezl Behm that included
Kean Silverthorn.
ONXPRESS ENTERS DEVELOPMENT
PHASE OF GO RAIL EXPANSION
ON-CORRIDOR PROJECT
CLOSING DATE: APRIL 14, 2022
On April 14, 2022, ONxpress
Transportation Partners, the consortium
formed by Aecon, Deutsche Bahn, Alstom,
and FCC, entered the development phase
on the GO Rail Expansion On-Corridor
Project – the largest project in Metrolinx's
GO Rail Expansion program.
Unprecedented in its scale and
complexity, this multi-billion-dollar capital
program will transform the regional rail
network with electrification, more frequent
service, shorter journey times, and a more
modernized system for the Greater Toronto
and Hamilton Region.
e GO Rail Expansion On-Corridor
Project package is a single, innovative,
fully integrated contract to run more and
better service for the regional GO Rail
system. ONxpress will be responsible for
designing, building, operating, and main-
taining all GO Rail infrastructure and
trains for 25 years. is includes all works
that facilitate train service, such as track,
civil infrastructure, signalling, electrifica-
tion infrastructure, and electric vehicles,
as well as the operations and maintenance
of the GO Rail network.
As the On-Corridor Project is a complex
regional project with multiple external
interfaces, stakeholders, and utility and
operational elements, it is being delivered
as a progressive DBOM (design-build-
operate-maintain) model. In a progressive
model, the project features a collabora-
tive approach between the project owner
and the contracting partner. Before the
project's contractual schedule and price
can be finalized, the parties will enter a
development phase – a multi-stage design
process in which Metrolinx as project
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