November 17, 2017 6:59 PM ET

Real Estate Management and Development

Company Overview of Plenary Group Pty Ltd

Company Overview

Plenary Group Pty Ltd. invests, sponsors, and operates public infrastructure projects in the Americas and the Asia Pacific region. It develops long-term public-private partnerships/alternative financing and procurement projects for defense, education, health, government accommodation, justice, tourism, transport, and water markets. The company was founded in 2004 and is based in Melbourne, Australia with additional offices in Sydney, Adelaide, and Brisbane, Australia; Singapore; Vancouver, Toronto, and Ottawa, Canada; Los Angeles, California; Seattle, Washington; and Denver, Colorado.

Level 29

140 William Street

Melbourne, VIC 3000

Australia

Founded in 2004

Phone:

61 3 8888 7700

Fax:

61 3 8888 7701

Key Executives for Plenary Group Pty Ltd

Co-Founder and Managing Director
President
Founding Principal and Chairman
Chairman of Specialist Residential Development Business, Founding Director and Director
Founding Director of North America Operations and Group Director
Compensation as of Fiscal Year 2017.

Plenary Group Pty Ltd Key Developments

Globalvia Reportedly Eyes WestConnex

Globalvia Inversiones, S.A.U. intends to put a bid for the $16.8 billion WestConnex being put up for sale by the NSW government through Goldman Sachs. JPMorgan is believed to have won the role to advise Globalvia, according to sources. Cintra Infraestructuras S.A. is making a bid for WestConnex with Plenary Group Pty Ltd and three Canadian pension funds, with the consortium aided by the Royal Bank of Canada and Deutsche Bank. Scott Charlton, Chief Executive Officer of Transurban group (ASX:TCL), confirmed its interest in the project last week, and said while it would remain disciplined, it would not rule out the acquisition even if it was dilutive to the company. Transurban and its backers, including AustralianSuper Pty Ltd, are viewed as the front runner. WestConnex has been up for sale through a half share in Sydney Motorway Corporation Pty. IFM is still undecided on entering the contest, despite hiring Citibank and Bank of America Merrill Lynch. A roadshow for prospective buyers on the asset is scheduled in October before submitting expressions of interest in mid-November. Suitors will have access to vendor due diligence reports. Conditional bids will then be due by the end of February 2018 before the government calls for binding bids next year.

Plenary Group Wins CAD 685 Million Toronto Hospital Contract

Infrastructure Ontario and the Centre for Addiction and Mental Health have awarded a CAD 685 million public-private partnership contract to Plenary Group to design, build, maintain and finance a new Toronto healthcare facility to a Plenary Group-led construction and operations consortium, according to Healthcare Design. The project will include the construction of two buildings encompassing 655,000 square feet and will feature 235 beds; outpatient, research and educational facilities; a relocated emergency services department; and site upgrades of parks and green space. The Plenary Health CAMH consortium also includes PCL Constructors and Stantec Architecture. Construction is scheduled to start later this year, with estimated completion set for spring of 2020.

Evolution Rail Consortium Wins $1.4 Billion Contract for Australia's HCMT Project

Evolution Rail consortium has secured a AUD 2 billion ($1.4 billion) contract for Victoria Government's High-Capacity Metro Trains (HCMT) project in Australia. As part of Evolution Rail consortium, Plenary Group will deliver and maintain 65 new high-capacity trains over the next 35 years under the project. The trains will be built in Victoria over the next six years. The project also includes construction of new maintenance facilities in Pakenham East and Calder Park. In addition, the consortium also features Downer Group as delivery and maintenance lead, as well as CRRC Changchun Railway Vehicles being in charge of design and technology.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 3, 2017
Pan Pacific Melbourne
Merger/Acquisition
February 9, 2017
DFO South Wharf and Homemaker Hub
Merger/Acquisition
February 8, 2017
NuGreen Pty Ltd
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