Highway 427 Expansion Project Reaches Financial Close
Infrastructure Ontario, Grupo ACS and Miller Construction reached financial close on the Highway 427 Expansion Project. The project has a capital cost of $363 million and is being financed through a bank-bond hybrid.
The project, which includes a 6.6-km extension of Highway 427 from Highway 7 to Major Mackenzie Drive and a 4-km widening of the highway from Finch Avenue to Highway 7, is being delivered through a design-build-finance-maintain P3 procurement model over a 30-year period.
Aird & Berlis LLP represented Infrastructure Ontario and the Ministry of Transportation with a team that was led by Douglas Younger and included Heidi Visser, Lorway Gosse, Aaron Bains and Ian McLeod.
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BioFull bio
With domestic and international experience, working both in-house and as an external advisor, Douglas has advised on infrastructure matters from all p...
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BioFull bio
Heidi relies a profound understanding of the principles of project finance to guide her clients though sophisticated P3 infrastructure transactions.
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BioFull bio
Lorway passionately advocates for his clients’ interests, providing sound, proactive advice while assisting clients in navigating commercial rea...
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BioFull bio
With an international background and hands-on business experience, Aaron provides practical and strategic advice to a broad range of domestic and inte...
