The 'A-' ratings on Integrated Team Solutions SJHC Partnership's (ITS or ProjectCo) senior secured debt primarily reflect Standard&Poor's Ratings Services' view of the following strengths: A capable and 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. (not rated). as the equity sponsors; EllisDon Corp. (EllisDon; not rated), one of Canada's largest construction contractors and a leader in Ontario health care projects, as the design-build contractor; and Honeywell Ltd. (Honeywell; not rated), an experienced operator of Canadian health care facilities, as the facilities management (FM) and lifecycle service provider; A strong government off-taker in St. Joseph's Health Care,
