Integrated Team Solutions SJHC Partnership (ITS or ProjectCo) has been selected to design, build, finance, and maintain a mental health facility in London, Ont., and a forensics mental health facility in St. Thomas, Ont. The 'A-' rating on ITS' senior secured debt primarily reflects Standard&Poor's Ratings Services' view of the following strengths: An experienced consortium comprising Fengate Capital Management Ltd. on behalf of the LPF Infrastructure Fund, OE Infrastructure Fund L.P., and TCPP Infrastructure Fund L.P. (the Fengate Funds), and EllisDon Inc. as the equity sponsors; EllisDon Corp. (EllisDon), one of Canada's largest construction contractors with experience in Ontario health care projects, as the design-build contractor; and Honeywell Ltd. (Honeywell), a very experienced operator of Canadian health care
