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The Caisse and Plenary Group partner on five Australian public-private partnership projects

Sector: Commercial • Location: Canada

Source: Caisse de dépôt et placement du Québec

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The Caisse de dépôt et placement du Québec and Australian leader Plenary Group reached an agreement for the Caisse to invest in five public-private partnership (PPP) projects on Australian soil, including the Melbourne Convention Centre. The Caisse's investment totals AU$139.2 million and will be divided among the five projects. false false false The other projects in which the Caisse has invested

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The project “The Caisse and Plenary Group partner on five Australian public-private partnership projects” is an infrastructure initiative in the Commercial sector, located in Canada. Taiyo aggregates data on it from Caisse de dépôt et placement du Québec.

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Description

Description

The Caisse de dépôt et placement du Québec and Australian leader Plenary Group reached an agreement for the Caisse to invest in five public-private partnership (PPP) projects on Australian soil, including the Melbourne Convention Centre. The Caisse's investment totals AU$139.2 million and will be divided among the five projects. false false false The other projects in which the Caisse has invested include Australian Defence Force accommodation units, a hospital in Berwick in southeast Melbourne, and South Australian Police and Court facilities. All the projects are carried out under long-term contracts with various Australian government bodies. A sixth joint investment should be announced by the two organizations later this year. ABOUT THE CAISSE DE DÉPÔT ET PLACEMENT DU QUÉBEC The Caisse de dépôt et placement du Québec is a financial institution that manages funds primarily for public and private pension and insurance plans. As at December 31, 2010, it held $151.7 billion in net assets. As one of Canada’s leading institutional fund managers, the Caisse invests in major financial markets, private equity and real estate. For more information: www.cdpq.com. ABOUT PLENARY GROUP AUSTRALIA Plenary Group is an independent long-term investor, developer and operator of public infrastructure with businesses in both Australia and Canada. Plenary Group Australia has quickly grown into the largest specialist PPP business in the region, successfully achieving financial close on nine (9) PPP projects in the Australian market. Plenary Group projects in Australia have a project capitalisation of over A$5 billion. www.plenarygroup.com. false false false

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