Leading Advisors in Project Finance

  • Bid Submitted for Ottawa Energy Services Acquisition Program

    12 March 2019

    Bids have recently been submitted for the Ottawa Energy Services Acquisition Program, based in Ottawa, Canada.

    The DBFOM project is involves the provision of heating services for 80 federal buildings, as well as cooling services for 67 of them. The Canadian federal government is looking to upgrade the current facilities to use environmentally friendly technologies, such as biofuel and wood chips, and expects to save C$750 million over the next 40 years.

    Financial proposals were submitted to Infrastructure Ontario on February 24, 2019. Operis were pleased to provide a financial model audit to Rideau Energy Partners, a consortium consisting of NRG Energy, Pomerleau, and SNC-Lavalin.

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