Bird Construction Inc. has achieved financial close on a $300 million project for five new high schools in Alberta, part of a public-private partnership aimed at enhancing educational infrastructure.

Information on the Target

Bird Construction Inc. (TSX: BDT), headquartered in Mississauga, Ontario, is a prominent player in the Canadian construction sector with over a century of experience. The company has achieved significant recognition for its extensive range of construction services across various sectors, including industrial, commercial, and institutional markets. Recent developments include the financial close achieved for a crucial project under the Design, Build, Finance, and Maintain (DBFM) model in partnership with the Alberta government for the construction of five new high schools in the province.

The contract, valued at over $300 million, reflects Bird's capacity to manage large-scale institutional projects effectively. As a member of the Concert-Bird Partners consortium, Bird will significantly contribute to the construction of facilities aimed at accommodating approximately 7,000 students, thereby enhancing educational infrastructure in Alberta.

Industry Overview in Alberta

Alberta’s construction industry is experiencing a pivotal transformation, particularly as the province executes its Recovery Plan to stimulate job creation and economic diversification. The pu