{"id":469417,"date":"2021-04-01T06:48:17","date_gmt":"2021-04-01T10:48:17","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=469417"},"modified":"2021-04-01T06:48:17","modified_gmt":"2021-04-01T10:48:17","slug":"plenary-health-achieves-financial-close-on-new-footscray-hospital-project-stantec-will-provide-comprehensive-engineering-services","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/plenary-health-achieves-financial-close-on-new-footscray-hospital-project-stantec-will-provide-comprehensive-engineering-services\/","title":{"rendered":"Plenary Health achieves financial close on New\u00a0Footscray Hospital project; Stantec will provide comprehensive engineering services"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">EDMONTON, Alberta and NEW YORK and MELBOURNE, Australia , April  01, 2021  (GLOBE NEWSWIRE) &#8212; Leading global design firm Stantec is the building services engineer for the Plenary Health consortium, which recently achieved financial close on the largest single health infrastructure investment in the State of Victoria\u2014the AUD$1.5 billion Footscray Hospital.<\/p>\n<p>The hospital is being delivered as a public-private partnership, with Western\u00a0Health as the public operator of all clinical services and Plenary\u00a0Health contracted by the Victorian\u00a0Government to finance, design, construct, and maintain the hospital for 25 years following construction completion.<\/p>\n<p>The Plenary Health consortium comprises:<\/p>\n<ul type=\"disc\">\n<li>Plenary Group as sponsor, investor, and asset manager<\/li>\n<li>Multiplex as builder<\/li>\n<li>Honeywell and Compass Group as facility services providers<\/li>\n<li>Sojitz Corporation as investor<\/li>\n<\/ul>\n<p>The integrated design team will be led by Cox Architecture and Billard Leece Partnership for architecture and interiors, and Stantec will provide mechanical, electrical, communications, hydraulics, fire protection, fire engineering, acoustics, specialty lighting, and vertical transportation services to the consortium.<\/p>\n<p>\u201cThe Footscray Hospital will bring together efficiency, sustainability, and technology in one iconic space,\u201d said Anthony Squire, project director for Stantec. \u201cOur team of engineers is honored to be part of a project that will elevate the patient experience and care for the local community.\u201d<\/p>\n<p>\u201cIt is a rare privilege to deliver such a significant project, one that will ultimately transform access to health services in Melbourne\u2019s west,\u201d said Paul Crowe, chief investment officer for Plenary. \u201cIn bringing this project to life, the community has always been our focus. \u201cWe look forward to delivering a true community hospital for patients and families, for staff and the people of the western suburbs.\u201d<\/p>\n<p>Construction is set to commence shortly, and the new hospital is set to be completed in 2025.<\/p>\n<p align=\"left\">\n        <strong>About Stantec<\/strong><br \/>\n        <br \/>Communities are fundamental. Whether around the corner or across the globe, they provide a foundation, a sense of place and of belonging. That\u2019s why at Stantec, we always <strong>design with community in mind<\/strong>.<\/p>\n<p>We care about the communities we serve\u2014because they\u2019re our communities too. This allows us to assess what\u2019s needed and connect our expertise, to appreciate nuances and envision what\u2019s never been considered, to bring together diverse perspectives so we can collaborate toward a shared success.<\/p>\n<p>We\u2019re designers, engineers, scientists, and project managers, innovating together at the intersection of community, creativity, and client relationships. Balancing these priorities results in projects that advance the quality of life in communities across the globe.<\/p>\n<p>Stantec trades on the TSX and the NYSE under the symbol STN. Visit us at stantec.com or find us on social media.<\/p>\n<p>For more information about Stantec\u2019s response to COVID-19, visit\u00a0<a href=\"https:\/\/spotlight.stantec.com\/covid-19\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Responding to COVID-19<\/a>.<\/p>\n<p>\n        <em>Cautionary Note Regarding Forward-Looking Statements<\/em><br \/>\n        <br \/>\n        <em>This news release contains forward-looking statements regarding the project described above. Forward-looking statements also include any other statements that do not refer to historical facts. By their nature, forward-looking statements are based on assumptions and subject to inherent risks and uncertainties. There is a risk that the project described above may be delayed, cancelled, suspended or terminated. This could cause future results to differ materially from the forward-looking statements made in this news release. Except as may be required by law, Stantec undertakes no obligation to publicly update or revise any forward-looking statements. Forward-looking statements are provided herein for the purpose of giving information about the project referred to above and its expected impact. Readers are cautioned that such information may not be appropriate for other purposes.<\/em>\n      <\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"max-width:30%;width:30%;min-width:30%\">\n            <strong>Media Contact<\/strong>\n          <\/td>\n<td style=\"max-width:70%;width:70%;min-width:70%\">\n            <strong>Investor Relations Contact<\/strong>\u00a0<\/td>\n<\/tr>\n<tr>\n<td>Danny Craig<\/td>\n<td>Tom McMillan<\/td>\n<\/tr>\n<tr>\n<td>Stantec Media Relations<\/td>\n<td>Stantec Investor Relations<\/td>\n<\/tr>\n<tr>\n<td>Ph (949) 632-6319<\/td>\n<td>Ph (780) 917-8159<\/td>\n<\/tr>\n<tr>\n<td>\n            <a href=\"mailto:danny.craig@stantec.com\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">danny.craig@stantec.com<\/a>\n          <\/td>\n<td>\n            <a href=\"mailto:tom.mcmillan@stantec.com\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">tom.mcmillan@stantec.com<\/a>\n          <\/td>\n<\/tr>\n<\/table>\n<p align=\"right\">\n        <strong><br \/>\n          <br \/>\n        <\/strong>\n      <\/p>\n<p align=\"right\">\n        <strong>Design with community in mind<\/strong>\n      <\/p>\n<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIwOTkyMyM0MTAxNTA3IzIwODI5NTc=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/20c19929-364e-44bc-a4d4-b81d540d348d\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>EDMONTON, Alberta and NEW YORK and MELBOURNE, Australia , April 01, 2021 (GLOBE NEWSWIRE) &#8212; Leading global design firm Stantec is the building services engineer for the Plenary Health consortium, which recently achieved financial close on the largest single health infrastructure investment in the State of Victoria\u2014the AUD$1.5 billion Footscray Hospital. The hospital is being delivered as a public-private partnership, with Western\u00a0Health as the public operator of all clinical services and Plenary\u00a0Health contracted by the Victorian\u00a0Government 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 Multiplex as builder Honeywell and Compass Group as facility services providers Sojitz Corporation as investor The integrated &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/plenary-health-achieves-financial-close-on-new-footscray-hospital-project-stantec-will-provide-comprehensive-engineering-services\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Plenary Health achieves financial close on New\u00a0Footscray Hospital project; Stantec will provide comprehensive engineering services&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-469417","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Plenary Health achieves financial close on New\u00a0Footscray Hospital project; Stantec will provide comprehensive engineering services - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/plenary-health-achieves-financial-close-on-new-footscray-hospital-project-stantec-will-provide-comprehensive-engineering-services\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Plenary Health achieves financial close on New\u00a0Footscray Hospital project; Stantec will provide comprehensive engineering services - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"EDMONTON, Alberta and NEW YORK and MELBOURNE, Australia , April 01, 2021 (GLOBE NEWSWIRE) &#8212; Leading global design firm Stantec is the building services engineer for the Plenary Health consortium, which recently achieved financial close on the largest single health infrastructure investment in the State of Victoria\u2014the AUD$1.5 billion Footscray Hospital. The hospital is being delivered as a public-private partnership, with Western\u00a0Health as the public operator of all clinical services and Plenary\u00a0Health contracted by the Victorian\u00a0Government 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 Multiplex as builder Honeywell and Compass Group as facility services providers Sojitz Corporation as investor The integrated &hellip; Continue reading &quot;Plenary Health achieves financial close on New\u00a0Footscray Hospital project; Stantec will provide comprehensive engineering services&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/plenary-health-achieves-financial-close-on-new-footscray-hospital-project-stantec-will-provide-comprehensive-engineering-services\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-01T10:48:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIwOTkyMyM0MTAxNTA3IzIwODI5NTc=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/plenary-health-achieves-financial-close-on-new-footscray-hospital-project-stantec-will-provide-comprehensive-engineering-services\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/plenary-health-achieves-financial-close-on-new-footscray-hospital-project-stantec-will-provide-comprehensive-engineering-services\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Plenary Health achieves financial close on New\u00a0Footscray Hospital project; 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