The development of the Ottawa Energy Service Modernization is now on the advanced stage.
According to sources, a preferred bidder has been selected to modernize the district energy system that heats and cools over 80 buildings in the national capital region, including parliament buildings in Ottawa. The Energy Service Modernization (ESM) is a project under the Energy Services Acquisition Program (ESAP).
Country updates
-
-
April 01, 2019
Councillor push audit for Ottawa’s LRT Stage 2 bid
A city councilor of Ottawa has urged the city’s auditor general to probe the multi-billion contract of the second phase of Ottawa’s light-rail transit (LRT) project. Capital ward Co...
Read more -
March 29, 2019
SNC-Lavalin reaches financial close for the Trillium Line extension project
SNC-Lavalin announced that its wholly-owned subsidiary TransitNEXT, has reached financial close on the Trillium Line Extension project. As the sole proponent in the TransitNEXT team, SNC-Lavalin...
Read more -
March 27, 2019
Ontario provides funding for LRT expansion
The Ontario government has announced CAD1.2 billion (US$900 million) in provincial funding for the Light Rail Transit (LRT) Stage 2 PPP project in Ottawa. The project, toguether with the Stage 2 Trill...
Read more -
March 21, 2019
Ontario plans to increase innovation and competition in the PPP sector
Ontario's government is working to make the province a leading destination for investment and job creation by increasing innovation and competition in its public-private partnership (PPP) market. At...
Read more -
March 15, 2019
Brookfield to buy major stake in Oaktree Capital Management
Brookfield Asset Management Inc announced that it will buy most of Oaktree Capital Management. The rough estimation of investments for the deal is USD4.8 billion. Oaktree's stock underperformed f...
Read more
