Congratulations to the Centre Hospitalier de l’Université de Montréal, (CHUM). The mega project, for which HH Angus is providing mechanical, electrical and security engineering, was honoured last week with two international prizes.
In addition to receiving the North American Project Bond Deal of the Year 2011 Award for its bond issue, the new hospital project won this event’s top prize—the Overall North America Project Finance Deal of the Year 2011 Grand Jury Award.
Bond financing for the new hospital’s construction project is the largest PPP (P3) hospital venture in Canada’s history. CHUM’s partner, the Collectif Santé Montréal, which is responsible for project design, construction, financing and maintenance, raised $1.37 billion through the sale of secured bonds.
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