Fengate has successfully invested in over 36 infrastructure projects in North America, Europe and Australia. Below is a selection of investments made by Fengate in this sector. To review our full portfolio of infrastructure investments, please kindly contact us.
The new Oakville Trafalgar Memorial Hospital is the largest healthcare transaction closed in Ontario, with over C$1.1B in capital raised at Financial Close. Fengate is a member of the Hospital Infrastructure Partners consortium, the group selected to design, build, finance, and maintain Oakville Trafalgar Memorial Hospital, under a 30-year contract term with Infrastructure Ontario. Fengate is the equity investor for the project on behalf of a group of institutional investors. The 1.6 million ft2, state-of-the-art facility was designed to meet LEED Silver certification with its environmentally-friendly building features. The hospital offers a full range of health services, including acute and continuing care, rehabilitation and a new cancer clinic. It contains 457 beds with shelled-in space to facilitate future growth to 704 beds by 2023.
The project was completed on time and on budget, opening in December 2015.In November 2016, the Oakville Trafalgar Memorial Hospital received the Gold Award in the Infrastructure category of the 2016 National Awards for Innovation and Excellence in Public-Private Partnerships (P3s) from the Canadian Council for Public-Private Partnerships (CCPPP). Read more.
The C$100 million acquisition of the Kinetica Solar Portfolio represents Fengate’s first investment in the United Kingdom. Fengate’s investment in this portfolio allowed us to strengthen our relationships with international market participants while also providing our investors with stable, long-term returns.
The two parks, the 39 MW Raventhorpe site in North Lincolnshire, England and the 7 MW Roanhead site in Cumbria, England, were co-developed by Kinetica Solar and WElink Energy and began commercial operation in March 2015. Both sites will receive 1.4 Renewable Obligation Certificates (“ROCs”) per MWh of generation until the year 2035. Combined, they will potentially displace an estimated 29,000 tonnes of greenhouse gases annually. This is the equivalent of taking about 6,000 cars off the road per year, or planting about 24,000 acres of trees. The Kinetica Solar Portfolio strengthens Fengate’s robust portfolio of renewable energy projects. Read more.
Fengate is a member of TransEd Partners, the consortium selected to design, build, finance, operate, maintain and supply vehicles for The Valley Line – Stage 1 project, which will be delivered using a Public-Private Partnership (P3) model. Fengate is an equity investor for the project on behalf of a group of institutional investors.
The Valley Line is a significant part of the City of Edmonton’s transportation plan. It will have a tremendous impact on all transportation routes within and outside of Edmonton – one of Canada’s fastest growing cities. The proposed multi-staged, 27-kilometer urban route will include 25 new stops and 3 stations, serving an estimated 100,000 daily commuters. The transit line will run southeast to west from Mill Woods to Lewis Farms, crossing through Edmonton’s downtown core. The Stage 1 project encompasses the 13.1 km, 11-stop, 1-station portion of the system between Mill Woods and 102 Street, connecting commuters with the Capital Line and Metro Line at Churchill Station. The Valley Line is the largest infrastructure project in Edmonton’s history and was recognized as a Best Transit Project Finalist by P3 Awards 2016. Read more. More information on The Valley Line project can be found at www.transedlrt.ca.
Fengate is a member of Integrated Team Solutions, the consortium contracted to design, build, finance and maintain the Elgin County Courthouse in St. Thomas, Ontario, under a 30-year contract term with Infrastructure Ontario. Fengate is the equity investor for the project on behalf of a group of institutional investors. The Elgin County Courthouse – also known as the St. Thomas Consolidated Courthouse during the construction phase – is located on the site of the historic courthouse building. The new courthouse consolidates the Superior Court of Justice and Ontario Court of Justice, which previously operated in separate locations in St. Thomas, Ontario. Many of the heritage features of the courthouse, including its east, north and west elevations, dome and copper roof, and masonry and sculptural detailing, were conserved and restored. A new, modern addition connects the restored heritage courthouse with the former Land Registry Office, creating a modern courthouse complex with state-of-the-art technology, security, energy efficiency and barrier-free accessibility.
The new facility is designed and built to meet the Canada Green Building Council’s Leadership in Energy and Environmental Design (LEED) rating system and has achieved Silver certification. LEED buildings focus on healthy indoor environments, reduced greenhouse gas emissions and efficient use of energy, water and other resources. In 2014, the Elgin County Courthouse received the Gold Award in the Infrastructure category of the National Awards for Innovation and Excellence in Public-Private Partnerships (P3s) from the Canadian Council for Public-Private Partnerships (CCPPP). Read more.