Fengate acquires Carillion's stake in Oakville hospital project
Fengate Capital Management has acquired the 40 percent equity interest held in the Oakville Trafalgar Memorial Hospital project by Carillion Canada Inc. No financial terms were released. The deal brings Fengate's total investment in the asset to 90 percent of the equity. Oakville Trafalgar Memorial Hospital, a full-service acute care community hospital located in Oakville, Ontario, opened in December. Fengate, a Canadian infrastructure, real estate and private equity investment firm, is a member of the consortium that was selected to design, build, finance and maintain the facility.
12 July 2016•2 mins read
