Public-Private Partnership to Deliver New Hospital in Australia

Plenary Health consortium recently achieved financial close on the largest-single health infrastructure investment in the State of Victoria — the AUD$1.5-billion Footscray Hospital in Australia.

The hospital is being delivered as a public-private partnership, with Western Health as the public operator of all clinical services and Plenary Health contracted by the Victorian government to finance, design, construct and maintain the hospital for 25 years following construction completion.

The Plenary Health consortium comprises:

  • Plenary Group as sponsor, investor and asset manager
  • Stantec as building services engineer
  • Multiplex as builder
  • Honeywell and Compass Group as facility services providers
  • Sojitz Corporation as investor

Construction is set to commence shortly, and the new hospital is scheduled for completion in 2025.

 

 

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