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EllisDon achieves financial close on Alberta’s P3 schools bundle #5 project

On April 1, 2025, EllisDon Infrastructure reached financial close on the P3 Schools Bundle #5 project (P3SB5), Alberta’s latest public-private partnership (P3) to deliver public education infrastructure. The Government of Alberta awarded the contract to EllisDon’s consortium to design, build, finance, and maintain six new schools across several Alberta communities.

Schools included in P3SB5:

  • Airdrie: Grade K-8 school, The Rocky View School Division.  
  • Blackfalds: Grade K-5 school, Red Deer Catholic School Division.  
  • Calgary – Nolan Hill: Grade K-9 school, The Calgary Roman Catholic Separate School Division.  
  • Chestermere: Grade K-9 school, The Calgary Roman Catholic Separate School Division.  
  • Edmonton – Glenridding Heights: Grade 7-12 school, The Edmonton School Division. 
  • Okotoks: Grade K-9 school, The Christ the Redeemer Catholic Separate School Division.  

The EllisDon Infrastructure consortium consists of:  

Project Lead: EllisDon Capital Inc. 
Financing: EllisDon Capital Inc., Fengate Capital Management Ltd.  
Design and Build: EllisDon Construction Services Inc., GEC Architecture, Smith + Andersen, Entuitive Corporation, Grade Consulting Inc., Scatliff + Miller + Murray Inc., Footprint, FFA Consultants  
Maintenance: EllisDon Facilities Services Inc. 

Company

EllisDon Capital Inc.

Company

Fengate Capital Management Ltd.

Law Firm / Organization
McCarthy Tétrault LLP
Financing/Investment
Infrastructure
Undisclosed/Confidential
Closed
01 April 2025