HOCHTIEF PPP Solutions North America, LLC sale of 25-per-cent interest in hospital renewal project

In June 2020, HOCHTIEF PPP Solutions North America, LLC completed its sale of a 25-per-cent interest in the Stanton Territorial Hospital Renewal Project. The Stanton Territorial Hospital Renewal Project, based in the Northwest Territories, included the construction of a new 27,000-square-meter, five-storey facility with 100 inpatient beds, to support a full regional hospital program.

HOCHTIEF PPP Solutions North America, LLC is the North American development arm and subsidiary of HOCHTIEF PPP Solutions GmbH, focusing on the development, investment, operations and long-term asset management of public private partnership (PPP) projects.

Osler, Hoskin & Harcourt LLP advised HOCHTIEF PPP Solutions North America, LLC with a team consisting of
Tobor Emakpor,
Danna Donald (commercial).

McMillan LLP acted as counsel to the purchaser, BBGI SICAV S.A., with a team led by
Candy Saga
and which included
Brent Thomas.

See the news release of Osler, Hoskin & Harcourt LLP here.