Plenary Health named preferred bidder for Victorian Comprehensive Cancer Centre

Published 07 November 2011

Plenary Health is very pleased to be announced today by the Victorian Government as the preferred bidder for the new $1 billion Victorian Comprehensive Cancer Centre (VCCC).

The Plenary Health Consortium consists of:

  • Plenary Group as sponsor and investor;
  • Grocon/PCL Joint Venture as the builder
  • Honeywell as the facilities/maintenance manager

The architectural team is made up of Design Inc and Silver Thomas Handley in partnership with McBride Charles Ryan.

The banking group brought together to finance the project is expected to be made up of National Australia Bank Limited, Export Development Canada, Mizuho Corporate Bank Ltd, The Bank of Tokyo-Mitsubishi UFJ, United Overseas Bank Limited, BOS International (Australia) Limited, Industry Funds Management Pty Ltd, H.E.S.T Australia Limited and CARE Super Pty Ltd.

Equity investors in the project are expected to consist of Plenary Group, vehicles owned by UniSuper Limited and vehicles advised by Partners Group AG.

Mr Paul Crowe, Plenary Health’s bid Director said that the team was now looking forward to successfully achieving the milestone of contractual close in late November, 2011.

Media enquiries:

Kelvyn Lavelle

Head of Corporate Affairs
+61 3 8888 7708
+61 413 120 344
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