Rt. Hon. Herb Gray Parkway P3 project

The parkway is part of an essential high-traffic trade artery between Canada and the United States, encompassing an approximately 11km corridor, including a six-lane highway with adjacent service roads, interchanges, connecting structures, pumping stations, and recreational areas.

The Rt. Hon. Herb Gray Parkway, also known as the Windsor-Essex Parkway, is a public-private partnership (P3) highway project with the Province of Ontario, originally procured under the design, build, finance, operate, and maintain model. This infrastructure facilitates the movement of people and goods while reducing congestion and heavy truck traffic in residential areas.

http://Photo%20of%20Right%20Honorable%20Herb%20Gray%20Parkway

Investment Highlights

Initial Investment DateJune 2022

LocationOntario, Canada

SectorRoads

StageOperational

Cashflow Profile30-year, fixed-price availability-based concession agreement

Responsible
InvestmentReduced congestion and increased traffic efficiencies will improve road safety and stimulate economic growth
Environmental protection measures in place minimize impacts on wildlife and habitat, including using native plant species, species at risk monitoring and endangered habitat protection
Includes approximately 300 acres of green space with various environmental features and amenities, including vegetation, ~20km of paved trails for pedestrians and cyclists, and a multi-use lit pathway