Two Torys infrastructure deals recognized by Proximo as North America Deals of the Year

Torys is proud to announce that two infrastructure deals we advised on in 2019 have been recognized by Proximo as Americas Deals of the Year.

The awards seek to honour the most innovative, market influencing transactions within project financing over the past year.

See below to find out more about our winning deals.

North America Rail Deal of the Year

Mobilinx Hurontario

Torys acted for the lenders to Mobilinx (Astaldi/John Laing), the successful proponent for the C$4.6 billion Hurontario Light Rail Transit PPP project to design, build, finance, operate and maintain a new integrated light rail transit system between Port Credit GO Station in Mississauga to the Gateway Terminal at Steeles Avenue in Brampton, Ontario. This transaction was also named North America Rail Deal of the Year 2019 by IJGlobal.

North America PPP Deal of the Year

EWR Conrac

Torys advised Fengate as an equity provider to Conrac Solutions, the developer selected to design, build, finance, operate and maintain a new 3,000 vehicle, multi-level garage complex and consolidated rental car facility at Newark Liberty International Airport. This transaction also won Project Finance International's 2019 P3 Deal of the Year for the Americas.

Winning deals were selected through a combination of editorial expertise, extensive research and market polling, and were voted for on Proximo’s deals data platform, tagmydeals.com.

You can find out more information on the awards on Proximo’s website.