Chinook Roads Partnership (ProjectCo) was selected to design, build, maintain, and operate the Southeast Stoney Trail in Calgary, Alta. The infrastructure consists of 25 kilometers of a six-lane divided freeway, plus additional basic and auxiliary lanes, and includes nine interchanges, three flyovers, and pregrading for future interchanges. The project started operations in November 2013. Chinook Highway Operations Inc. (CHOI) is the project's operations and maintenance (O&M) contractor, and has subcontracted the O&M services to Mainroad Chinook Contracting L.P. ProjectCo is responsible for performing lifecycle service during operations. The 'A-' issue-level rating on ProjectCo's C$157 million senior secured debt due 2043 (of which C$149 million was outstanding as of Sept. 30, 2017) reflects stable operation and financial performance since the project
