Vinci Highways to acquire controlling stake in Confederation Bridge concession
VINCI Highways has signed an agreement with OMERS Infrastructure to acquire its 65.1% stake in Strait Crossing Development Inc (SCDI), the company owning the concession contract of the Confederation Bridge until 2032.
The Confederation Bridge has a total length of 12.9 km and connects Prince Edward Island Province and New Brunswick, spanning over the Northumberland Strait in Canada. The VINCI Group had been involved throughout the construction phase of the bridge, which is the world’s longest one over ice-covered water.
With this acquisition, VINCI Highways increases its stake in the SCDI from 19.9% to 85%. It will be fully consolidated by VINCI.
Country updates
-
-
April 19, 2022
Contract awarded for Grandview Children's Treatment Centre PPP project in Oshawa
The Infrastructure Ontario (IO) and Grandview Kids have awarded a fixed-price contract of US$85.3 million to Children First Consortium for the development of the Grandview Children’s Centre Rede...
Read more -
April 14, 2022
Tender issued for USD4 billion Light rail Transit PPP project in Canada
The City of Calgary has issued a Request for Qualification for the Green Line LRT - Phase One project.
Read more -
April 08, 2022
Tender deadline extended again for Rehabilitation PPP project in Ottawa
The Government of Canada has extended the deadline again of the Request for Qualifications (RFQ) for the modernization of the Canadian Taxation Data Centre Complex in Ottawa. The private partner...
Read more -
April 07, 2022
Three teams prequalified for Weeneebayko Area Health Authority redevelopment PPP project
Infrastructure Ontario (IO) and Weeneebayko Area Health Authority (WAHA) have announced the prequalification of three teams, which move onto the second phase of the Request for Proposals (RFP) process...
Read more -
April 05, 2022
Preferred bidder selected for Thunder Bay Correctional Complex PPP in Ottawa
Infrastructure Ontario (IO) and the Ministry of the Solicitor General have selected EllisDon Infrastructure Justice as the preferred proponent to deliver the Thunder Bay Correctional Complex...
Read more
