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Hastings Funds Management Pty and Ontario Teachers Pension Plan have won the right to lease the plant. The NSW Government entered into a 50-year lease with Sydney Desalination Plant Pty Ltd (SDP), a company jointly owned by the Ontario Teachers Pension Plan Board (50%) and two funds managed by Hastings Funds Management Limited: Utilities Trust of Australia and The Infrastructure Fund (together 50%). The terms of lease lock Sydney Water into a 50-year water supply agreement with SDP. The plant will be operated by Veolia Water Australia Pty Ltd
3 bidders submitted final offers on Friday 4 May 2012: * Hastings Funds Management and Ontario Teachers' Pension Plan; * Spark Infrastructure * Industry Funds Management Acciona and Mitsubishi withdrew from the process in March
May 01, 2012
The Project, a 500-bed prison, has been announced
April 24, 2012
Project announced
April 22, 2012
EOI invitation was issued
EOI invitation was issued. Interested parties have six weeks to prepare and submit their EOI responses by 9.30am Thursday 3 May 2012
April 10, 2012
EOIs submitted
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