On June 21, 2011, the Ministry of the Attorney General and Ontario Infrastructure and Lands Corporation reached financial close with Brookfield Infrastructure Partnerships Quinte to design, build, finance and maintain a new Quinte Consolidated Courthouse in Belleville, Ontario. The partnership, called Brookfield Infrastructure Partnerships Quinte, was established by Brookfield and Morguard Corporation. The Brookfield team for this project includes PCL Constructors Canada Inc. providing design and construction services and Morguard Investments Limited as service provider.
The project is structured as a design-build-finance-maintain project and will be delivered under the provincial government of Ontario's Alternative Financing and Procurement (AFP) delivery model.
After construction is completed, Brookfield will receive annual service payments from Infrastructure Ontario over a 30-year period. Payments cover construction, building maintenance, lifecycle repair and renewal and project financing. The payments will total approximately $270.7 million after 30 years. In today's dollars this is equivalent to approximately $247.4 million.
The Ministry of the Attorney General and Infrastructure Ontario legal team was led in-house by Simon Finlayson, Agnes von dem Hagen and Tariq Taherbhai. Norton Rose OR LLP acted as counsel to Infrastructure Ontario and the Ministry of the Attorney General in the structuring, procurement, negotiation and settlement of the project documents, with a team that included Sandra Nissan, Andrew Pritchard, Victoria Everett, Joseph Hillier and Penny Adams.
Brookfield was represented by Davis LLP with a team that included Andrew Burton, Yukiko Kojima, Elizabeth Mayer, Ali Owaisi, Jonathan Gilhen and Lindsay Krauss. PCL Constructors Canada Inc. was represented by Reynolds Mirth Richards & Farmer LLP with a team that included Donald Lucky, John Paul Janssens and Mark Hildebrand. Morguard Investments Limited was represented in-house by Beverley Flynn and assisted by McMillan LLP's Catherine Doyle and Chris Bennett.
Both short and long-term lenders to the project consortium were represented by Fasken Martineau DuMoulin LLP with a team that included Brian Kelsall, Ella Plotkin, Marc Lefler, Kevin Clinton and Sean Morley.