The Caisse invests with Plenary Group, AU$40.5 million in a cancer research centre

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The Caisse de dépôt et placement du Québec announced an investment of AU$40.5 million in the Victorian Comprehensive Cancer Centre Project (VCCC).The AU$1.2 billion VCCC project will deliver a purpose built cancer research, treatment, care and education facility in Parkville, Melbourne, one of Australia’s leading biomedical and research precincts. false false false Construction of the Centre began at the end of 2011 and will commence services in 2016. The 1,400,000 sq. ft. facility will provide a brand new home for the Peter MacCallum Cancer Centre and new cancer research and clinical services for Melbourne Health (including the Royal Melbourne Hospital), new cancer research facilities for The University of Melbourne and new education facilities for all building partners. The partnership agreement between Plenary Health and the State of Victoria covers the design, construction, financing and running of the VCCC facility over 25 years. The Caisse invested another AU$139.2 million with Plenary in other projects earlier this year, including barracks for Australia’s Department of Defence, a hospital in Berwick (in southeast Melbourne), police and court facilities in Southern Australia and the Melbourne Convention and Exhibition Centre. 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, 2011, it held CA$159.0 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 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 capitalization of over AU$5 billion. For more information: www.plenarygroup.com. false false false