Cross Yarra Partnership signs contract to deliver Melbourne Metro Tunnel Project

Capella Capital today announced that Cross Yarra Partnership has signed a contract to finance, design, construct and maintain the Tunnel and Stations Package for approximately 25 years as part of the Metro Tunnel Project.

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The Metro Tunnel Project will be Victoria's biggest ever public transport project and Cross Yarra Partnership will deliver twin nine-kilometre tunnels and five new underground stations at North Melbourne (Arden), Parkville, State Library, Town Hall and Anzac.

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Cross Yarra Partnership, a consortium of Lendlease, John Holland, Bouygues Construction and Capella Capital, was announced as the preferred tenderer for the $6 billion Tunnel and Stations Public Private Partnership in July 2017.

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Capella Capital is the infrastructure developer, financial advisor, equity investor (on behalf of Lendlease) and Project Co asset manager of this legacy project.

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Among the most successful infrastructure developers and financiers in the nation, Capella Capital has won over $20 billion in PPP projects in the last five years and is consistently providing innovative solutions for multiple successful consortiums and State clients.

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Cross Yarra Partnership Chief Executive Officer and Capella Capital Head of Origination, Malcolm Macintyre, said:

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"We're building more than a transport solution, Cross Yarra Partnership has a unique opportunity to create a long-term legacy, acting as a catalyst for urban renewal, new communities and more jobs while enhancing Melbourne's status as the world's most liveable city.

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"We are immensely proud to be partnering with the State government of Victoria to deliver this city shaping project"