CBHP Limited Partnership reaches financial close of Corner Brook Acute Care Hospital Project

On August 7, 2019, CBHP Limited Partnership, with a consortium consisting of Plenary Group Ltd., PCL Constructors Canada Inc., Marco Services Ltd. and Johnson Controls Canada, reached financial close for an approximately $750-million contract with Western Regional Health Authority and Her Majesty the Queen in Right of Newfoundland and Labrador (collectively, the Authority) to design, build, finance and maintain the new Corner Brook Acute Care Hospital Project in Corner Brook, Newfoundland. 

The new facility will be attached to the Corner Brook Long Term Care Hospital (which reached financial close on December 15, 2017) and will encompass seven storeys, 600,000 square feet and 164 beds. 

Torys LLP was counsel to the Authority, with a team consisting of Daniel Ford, Josh Van Deurzen, Emma Sako and Marshall Rossiter. 

Davies Ward Phillips & Vineberg LLPwas lead transaction counsel to CBHP Limited Partnership, with a team consisting of William Buchner, Angela Susac and Jaimie Franks. 

Barry Lake at McInnes Cooper was Newfoundland and Labrador counsel to CBHP Limited Partnership. 

Gowling WLG was British Columbia counsel to Plenary, with a team consisting of Peter Fairey, Harman Bains, Matt Mitchell and Kean Silverthorn, as well as Brett Kagetsu on the associated bond offering. 

Reynolds Mirth Richards & Farmer LLP was counsel to PCL, with a team consisting of Donald Lucky, Mark Hildebrand and Jeffrey Daniels. 

Osler Hoskin & Harcourt LLPwas counsel to Marco with a team led by Joel Heard

Stephanie Hickman from Cox and Palmer was Newfoundland and Labrador counsel to Marco. 

Gowling WLG was Ontario counsel to Johnson Controls Canada in its capacity as service provider, with a team consisting of Darryl Brown, Irene Choe and Jessica Ho-Wo-Cheong. 

Arthur Cox was Irish counsel to Johnson Controls International. 

Fasken Martineau DuMoulin LLPwas counsel to the lenders, hedge provider and bondholders, with a team consisting of Ella Plotkin, Sean Morley, Marc Lefler and Zackary Burashko.