Corner Brook Acute Care Hospital project reaches financial close

09 August 2019

On August 9, 2019, the Corner Brook Acute Care Hospital project in Newfoundland reached financial close. Corner Brook Health Partnership was selected to design, build, finance and maintain the new acute care hospital in Corner Brook with an estimated contract value of $750 million. The Partnership consists of Plenary Group (Canada) Ltd., PCL Constructors Canada Inc., Marco Services Ltd and Johnson Controls Canada LP.

The seven-storey, 600,000 square foot facility, to be completed in 2023, will be connected to the 145-bed long-term care home currently under construction. The hospital will have 164 beds with the same services currently provided at Western Memorial Regional Hospital, as well as an expanded cancer care program including radiation services. Construction of the hospital will start later this summer and will be completed in 2023.

Gowling WLG advised Plenary Group (Canada) Ltd. and Johnson Controls Canada as two members of the winning consortium. Plenary Group was advised by Peter Fairey, Harman Bains, Matthew Mitchell and Kean Silverthorn (corporate) and Brett Kagetsu (on the associated bond offering). Johnson Controls was advised by Darryl Brown, Irene Choe and Jessica Ho-Wo-Cheong.

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