Fiera Infrastructure Inc., a leading global midmarket direct infrastructure investor and an affiliate of Fiera Capital Corporation, announced that it has acquired a 100% equity interest in a Public-Private Partnership data centre from UIP GP, a partnership between Forum Equity Partners Inc. and Balfour Beatty. Fiera Infrastructure will add this equity interest in the Shared Services Canada Enterprise Data Centre Borden, located at Canadian Forces Base Borden, Ontario to its global investment portfolio.
EDC Borden features a 110,500 square foot, state-of-the-art, operating data centre that offers a long term IT solution for the Government of Canada. The facility obtained the Uptime Institute’s Tier III Certification for Design and Construction and is expected to achieve the LEED Silver certification.
Forum Equity Partners Management Inc. will continue to provide PPP project management services, including asset-level management activities and day-to-day administration, which it has been doing since inception of the Project. The transaction between Fiera Infrastructure and UIP GP closed in early February 2019.
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