Skip to main content
PLEASE NOTE: For everyone’s safety, Fasken requires anyone on-site at our Canadian offices to provide proof of full vaccination against COVID-19. This applies to lawyers, staff, clients, service providers and other visitors.
Client Work

Okanagan Correctional Centre PPP reaches financial close

Reading Time 1 minute read


On March 21, 2014, Plenary Justice Okanagan reached financial close on the Okanagan Correctional Centre PPP in British Columbia with Partnerships BC and the Ministry of Justice. The project involves the Design, Build, Finance, Maintain (DBFM) of a 378-cell high security unit on a 36-acre site north of Oliver, British Columbia. The C$200 million project was financed via a C$114.5 million senior bonds issuance. Fasken Martineau advised the bondholders on all aspects of the financing, with a team that included Brian Kelsall, Ella Plotkin, Marc Lefler, Sean Morley and Nick Gefucia.