Third hospital project in Canada sees Carillion working on acute care hospital in Ontario.
A Carillion joint venture has reached financial close on a £200m hospital project in Canada.
The company and its partners Ellis Don and The LPF Infrastructure Fund will build, finance and maintain the Sault Area Hospital in Ontario, Canada.
The project is expected to generate £92m of revenues for Carillion, which will invest £3.5 million of equity in the scheme.
Carillion and Ellis Don will build a £122m three-storey, 289-bed acute care hospital, which will include rehabilitation, complex continuing care and radiation treatment facilities.
Support services firm Carillion and Ellis Don will also provide FM services worth £79 million for 30 years.
John McDonough, Carillion’s chief executive, said: 'We are delighted to have achieved financial close for this major new hospital, which will be our third private finance hospital project in Canada, and follows the successful delivery of the Royal Ottawa Hospital and the William Osler Hospital in Toronto.”
1 Readers' comment