![Salters hall building entrance](/media/zq4j11y5/salters-hall.jpg?width=900&height=600&quality=90&v=1da4a3361c5ee40)
Alberta Schools
Alberta Schools
Alberta Schools consists of the design, construction, finance and operation of nine schools in Edmonton, Canada and nine schools in Calgary, Canada, with space to educate more than 12,000 students.
About
A team led by International Public Partnerships (INPP), was selected in September 2008 by the Government of Alberta to design, build, finance, and maintain 18 schools under the Alberta Schools Alternative Procurement (ASAP I) P3 project.
![Saddleridge school exterior](/media/00veq2au/01-saddleridge-k-4-june-01-2010-01.jpg?width=900&height=600&quality=90&bgcolor=ffffff&v=1da08c37f6b3bf0)
The schools, located in Calgary and Edmonton, opened in September 2010 and provide capacity for over 12,000 students.
The school design consists of a core area with additional modular units that can be moved between schools according to demographics and demand. The Alberta Schools project has been recognised in several awards, including by CCPPP (11th National Awards for Innovation and Excellence), by Project Finance Magazine (2008 North American Social Infrastructure Deal of the Year), by the Government of Alberta (2008 Premier’s Award of Excellence Gold Recipient), and by Summit Magazine (2008 Leadership in Public Procurement Award).
Key impacts and benefits
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Why we invest in PPPs
PPPs provide much needed critical infrastructure often replacing older public sector properties with new state of the art facilities operated by experienced facilities management contractors. The investments provide stable long-term, index-linked cash flows backed by high quality public sector counterparties.
- Stable income from high quality counterparties: The investment companies receive availability-based revenues from public sector counterparties
- International delivery model: INPP has invested in PPP assets in Australia, Canada, New Zealand, Europe and the UK
- Long-term, predictable cash flows: PPP concessions will typically last for between 25 and 35 years
- Risk transfer: Construction and operational risks are transferred to investment company’s supply chain partners
- Inflation-protected revenues: Revenues are generally inflation-linked and indexed to local inflation measures, such as the UK’s Retail Price Index (‘RPI’)
- Critical infrastructure: INPP’s PPP investments deliver much needed critical infrastructure to the public sector, supporting local societies and communities across our key geographies
Sustainable Development Goals (SDGs)
2030 Agenda for Sustainable Development adopted by UN Member States in 2015
SDGs supported:
Outcomes
- International presence: INPP has long-term investments in over 260 schools globally, delivering the capacity for over 135,000 pupil places to the local populations
- Focus on new build infrastructure: INPP has invested in over 145 new build schools
- Quality education: INPP has helped to deliver resilient infrastructure that supports equitable and lifelong learning opportunities for all (SDG 4)
Related
![Front entrance of building](/media/30knkzc1/4-futures-1-1.jpg?width=900&height=600&quality=90&v=1d9fab9791a49c0)
BSF Southwark 1 - St Michaels' Catholic College
![Image of school campus](/media/2t2bzfos/4-futures-2-2.jpg?width=900&height=600&quality=90&v=1d9fab9a5e1c230)
BSF Southwark Schools 2
![Abingdon building](/media/r2cdoc3n/abingdon-pic1.jpg?width=900&height=600&quality=90&v=1d9f6e8a330cbf0)