RAV / Canada Line PPP Project

Acted as counsel to SNC-Lavalin Inc. with respect to all aspects of the Canada Line rail public private partnership project in Vancouver, British Columbia, and its U.K. bank financing.

Matter Value: CAD 1,800,000,000

July 01, 2005

The Richmond-Airport-Vancouver (RAV) Line, later renamed the Canada Line, was a C$1.8 billion light rail project.

As counsel to equity/sponsor of the project, SNC Lavalin, Inc., the team from Davis LLP was responsible for procurement, project documentation negotiation, financing documentation negotiation and achieving financial close.

This PPP project won several awards:

  • "North American Transport Deal of the Year" by Project Finance Magazine, New York
  • "Infrastructure Deal of the Year – Americas" by PFI Magazine, United Kingdom