Seabras-1, US and Brazil
Seabras-1 will be the first direct subsea fiber optic cable between New York, US, and São Paulo, Brazil. It will use next-generation coherent technology to deliver high-capacity and low latency telecommunications for one of the fastest-growing transoceanic routes in the world, offering point-to-point bandwidth and connectivity services between New York and São Paulo.
In December 2015, Seabras-1 achieved financial close and construction was commenced. Partners Group is providing all of the equity financing for the project, on behalf of its clients. The Seabras-1 cable network was developed by Seaborn Networks and will be operational in 2017.
Fermaca is a leading operator of gas infrastructure in Mexico which builds, owns and operates pipelines and other related energy assets in the country. The company's gas transportation customers include Mexico's largest natural energy companies.
In February 2014, we acquired a majority stake in Fermaca on behalf of our clients. In May 2015, we raised over USD 500 million in new equity to further support the company's ambitious growth plans as it continues to build out its network of gas pipelines connecting the abundant shale gas supply in the US with the growing demand for natural gas in Mexico.
Billy Bishop Airport Toronto, Canada
Billy Bishop Toronto City Airport (BBTCA) is one of the busiest airports in Canada, serving more than 2.4 million passengers each year. The airport is a major economic engine for the Greater Toronto Area, generating approximately CAD 2.1 billion in total annual economic impact and supporting approximately 6'500 direct and indirect jobs.
Together with our partners in the Nieuport Aviation consortium, we acquired the state-of-the-art passenger terminal at BBTCA in January 2015 on behalf of our clients. Through a number of value-enhancing initiatives, we are working with our consortium partners and local stakeholders to manage the terminal efficiently, safely and with a focus on passenger experience.
Sydney Metro Northwest, Australia
In September 2014, Partners Group and its consortium partners were awarded the contract to build and finance Sydney Metro Northwest (formerly known as North West Rail Link), Australia's largest public transport infrastructure project. The first stage of the project will deliver a 36km rapid transit service connecting Chatswood on Sydney's North Shore to Sydney's north-western suburbs.
The project includes the building of twin 15km tunnels, eight new railway stations and 4'000 commuter car-parking spaces as well as the upgrading and converting of an existing railway line. It is expected to be operational in 2019 and will be the first fully-automated rapid transit service in Australia. Partners Group is investing in the project on behalf of its clients.
Japan Solar, Japan
In January 2014, Partners Group established and invested in a dedicated Japanese solar platform, Japan Solar, on behalf of its clients, in partnership with Equis Funds Group and other investors. Japan Solar was established to build utility-scale solar power plants across Japan in partnership with Nippon Renewable Energy KK (NRE), one of Japan’s largest independent solar utility businesses.