The consortium Concert-Bird Partners has achieved financial close for the five high schools project in Alberta, Canada.

The project is developed under the Design, Build, Finance, and Maintain (DBFM) model. The total combined contract value is over CAD300 million (US$238.23 million). The project is a part of Alberta's Recovery Plan to create jobs and diversify the economy. The project includes the construction of two schools in Edmonton and one in each of Blackfalds, Leduc, and Langdon. Once complete, the schools will accommodate almost 7,000 students. 

Designs for the schools will include considerations for optimized building performance, energy conservation and other sustainable building features, including achieving a LEED Silver Certification. Work on-site is to commence at South Eastern High School in the fall of 2021, with Leduc, Heritage Valley High Schools Langdon and Blackfalds High Schools commencing in the spring/summer of 2022. All of the High Schools are scheduled for completion to meet the Target Total Availability date of May 31, 2024.

The consortium is formed by Bird Capital Limited Partnership, Bird Design-Build Construction Inc., Concert Infrastructure Ltd., Ainsworth Inc., BR2 Architecture and Wright Construction Western Inc. Financing for the project was arranged jointly by Bird Capital Limited Partnership and Concert Infrastructure Ltd. and will be repaid by the project concession company throughout the 30-year maintenance period.