Marigold Infrastructure Partners Limited Partnership

Edmonton Valley Line West - Financing

Industry
Infrastructure/Rail
Area of finance
Project & Infrastructure Finance
Region
North America
Countries
Canada

Deal Overview

Marigold Infrastructure Partners, a consortium led by affiliates of Colas SA and Parsons Corporation, will design, build and finance Valley Line West, a 14 km light-rail extension from 102 Street downtown to Lewis Farms. Light-rail is a major component of the overall Edmonton transit network, and is...

show more

Marigold Infrastructure Partners, a consortium led by affiliates of Colas SA and Parsons Corporation, will design, build and finance Valley Line West, a 14 km light-rail extension from 102 Street downtown to Lewis Farms. Light-rail is a major component of the overall Edmonton transit network, and is a key for the City. The Project is expected to reduce congestion, increase transit network capacity, transform surrounding communities and create job opportunities for the local population.

The project benefits from direct payments from the City of Edmonton (AA, the “Contracting Authority”). Funding for the project is fully committed 40:40:20 by the Government of Canada (AAA/Aaa), the Government of Alberta (A+) and the City of Edmonton (AA). The Sponsors have decades of experience in developing similar infrastructure projects globally and in Canada.

show less
Deal Volume
$265.84m
Financial Close
22 December 2020
Sources
Submitted by participant(s), Press release, Proximo article

All Dealmakers

Makela Hughes

To view dealmakers, please tag or log in to tagmydeals

Tag yourself

Tranches


To view all tranche and pricing information, please sign up or log in

Projects

Edmonton Valley Line West Project

Greenfield
Rail
North America
Canada
$2bn