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Transactions - OCTOBER 6, 2021

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P3 for Alberta high schools achieves financial close totaling $238m

by Released

Bird Construction Inc. announced that Concert-Bird Partners has achieved financial close on the previously disclosed contract with the government of Alberta, Canada, for the design, build, finance, and maintain (DBFM) contract for five Alberta high schools.

The project has a total combined contract value in excess of C$300 million ($238 million) and is a part of Alberta’s Recovery Plan to create jobs and diversify the economy.

Concert-Bird Partners is a consortium comprised of Bird Capital Limited Partnership, Bird Design-Build Construction Inc., Concert Infrastructure Ltd., Ainsworth Inc., BR2 Architecture and Wright Construction Western Inc.

Under the public-private-partnership (P3) model, Concert-Bird Partners will deliver five new Alberta high schools including two in Edmonton and one in each of Blackfalds, Leduc and Langdon.

Once complete, the schools will accommodate nearly 7,000 students.

Designs for the schools will include considerations

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