Bids were submitted on December 16, 2013 for the Waterloo Light Rail Transit project. The project involves the design, build, finance, operation and maintenance of 19 kilometres of light rail transit line in the Waterloo Region of Ontario, Canada, between Conestoga Mall in Waterloo and Fairview Park Mall in Kitchener.

Operis completed a model audit for the Kitchener Waterloo Cambridge Transit Partners consortium, which includes Gracorp, Fluor and Parsons. The successful bidder is expected to be announced in early 2014.

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Further information on Operis:

Operis is a leading advisor in project and infrastructure finance, renowned for its financial modelling and model auditing expertise and financial structuring advice. The firm has been mandated by the leading investment banks, infrastructure funds, bond arrangers and guarantor bodies around the world. This experience covers over 700 projects and other funded transactions worldwide.

Contact:
Paul Myers – Managing Director
+44 (0)20 7562 0400

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Erwan Fournis
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Erwan Fournis
Global Head of Financial Advisory

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