Operis is delighted to complete a formal model audit and sales tax review in support of the financial close for the Valley Line West LRT project in Edmonton, Alberta. The consortium, Marigold Infrastructure Partners, comprised of Colas and Parson Inc., reached financial close in December following its successful bid to the City of Edmonton in October 2020, for which Operis also provided a full model audit.

The project involves a 14km extension of the LRT line that will connect downtown Edmonton to the Lewis Farms neighbourhood in the city’s west end. There are 14 new stops and two elevated stations connecting key places such as the West Edmonton Mall, Misericordia Hospital, NorQuest College and MacEwan University. The project will include a 2.1km elevated track as well as two maintenance and storage facilities. The construction is planned to start in the summer of 2021, with completion scheduled for late 2026.

Financial close for this design-build-finance project was successfully achieved on December 2020.

CONTACT US

Please get in touch with either of our regional offices.

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Erwan Fournis
Global Head of Financial Advisory

+44 207 562 0444

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Carmen Wade
Financial Advisory, Head of North America

+1 647 243 3840

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Jun Tao
Global Head of Model Audit & Financial Modelling

+44 207 562 0428

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Mark Southall
Associate Director - Model Audit & Financial Modelling

+1 647 846 7384

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Philip Allen
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Operis Europe

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+44 207 562 0400
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Operis North America

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+1 647 846 7382
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CONTACT US

Discuss your requirements with us

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Erwan Fournis
Global Head of Financial Advisory

+44 207 562 0444

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Chris Aldred
Director

+44 207 562 0433

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