Operis is pleased to have supported the Ontario Transit Group in reaching financial close for the design, build and finance project for the Ontario Line Southern Civil, Stations and Tunnel package. The Ontario Transit Group comprises Ferrovial Construction Canada Inc and VINCI Construction Grands Projets.
Ontario Line will be a 15.6km rapid transit line with 15 stations, creating faster, more accessible connections within Toronto. This project, which involves constructing a 6km tunnel and seven stations, is expected to start in early 2023 and be completed by 2030.
Operis provided a formal model audit at both bid stage and ahead of financial close in November 2022.