May 18, 2008
 

 
Public-Private Partnerships
 
 
Our practice
Our public-private partnerships (P3) and infrastructure practice group encompass a cross-disciplinary group of lawyers experienced in all aspects of infrastructure and service delivery.  Over the past decade, we have worked on some of the most significant projects in Canada. 

We draw from our firm's transactional focus to combine our core strengths in corporate/commercial, corporate finance and securities, project finance, infrastructure, commercial and property development, tax and mergers and acquisitions.  We are supported by our leading competition law, technology, environmental and litigation groups.  Our expertise and experience in these areas, combined with our substantial experience in acting for both public and private sector partners, specific knowledge of a significant range of legislation impacting the ability of various levels of government and public sector bodies to contract and finance projects and expertise on a broad range of partnership structures and financing platforms, allow us to effectively and seamlessly achieve the client's business objectives as the transaction evolves.

Our practice includes but is not limited to:

• Joint venture structuring;
• Project development;
• Public & private financings;
• Domestic & international tax;
• Corporate governance;
• Regulatory issues;
• Litigation;
• Site assembly;
• Environmental remediation 


Our Clients
We have acted for a diversified list of clients and projects: 

• Hospitals;
• Major bridges;
• Roads and tunnels;
• Hydro projects;
• Harbour restoration projects;
• Rail lines;
• Rail stations;
• International airports;
• Casinos 

Our Work
A representative sampling of our P3 projects include:

• 3ci Inc., the Québec company serving as main contractor in the development of three wind farms located in Murdochville, covering all aspects of three projects, including all agreements with Hydro-Québec and the municipality of Murdochville, government approvals, negotiations with suppliers of wind turbines and, chiefly, the implementation of debt financing and partnerships;

• General Electric Energy in its proposed construction and management of an 800-megawatt combined-cycle project in cooperation with Hydro-Québec Production;

• RAV Project Management Ltd., InTransit British Columbia Limited Partnership and the Greater Vancouver Transportation Authority long-term concession agreement for the design, construction, partial financing, operation and maintenance of a rapid transit line connecting downtown Vancouver with the City of Richmond and Vancouver International Airport. The project was the largest public-private partnership to be implemented in Canada and the first rail P3 in North America.;

• AHA and Abbotsford Regional Hospital and Cancer Centre Inc. (AHCC) public-private partnership (P3) for a major British Columbia hospital and cancer centre facility, the largest P3 completed in B.C. to date, with an estimated capital cost of $355 million;

• AHV Access Health Vancouver Ltd. public-private partnership with the Vancouver Coastal Health Authority for the design, construction, finance and operation of a new Academic Ambulatory Care Centre at Vancouver General Hospital;

• Acting for the consortium which successfully bid for, financed, developed and owns the long-term interest in the Confederation Bridge connecting New Brunswick and Prince Edward Island.

Recognition
Several of our lawyers are regularly recognized as leading project finance practitioners in Canada by Chambers, LEXPERT and Euromoney.  Davies received the highest ranking in the Chambers Global 2007 survey, the first year P3 was ranked as a discipline and was cited as "one of the top firms for any commercial venture".

For consecutive years, our P3/infrastructure team has been part of the North American infrastructure and Transport Deal of the Year selected by Project Finance Magazine:

• 2005 - The first rail P3 in North America, the RAVproject will link downtown Vancouver with the City of Richmond and Vancouver International Airport in British Columbia, Canada.

• 2004 - The largest P3 completed in B.C. at the time, with an estimated cost of $355 million, the AHA and Abbotsford Regional Hospital and Cancer Centre Inc. (AHCC) is a major British Columbia hospital and cancer centre facility.