Porter partners with Macquarie Asset Management on development of Montréal Saint-Hubert Airport passenger terminal
by CM staff
Construction PCL selected as general contractor.
Porter partners with Macquarie Asset Management on development of Montréal Saint-Hubert Airport passenger terminal (CNW Group/Porter Aviation Holdings Inc.)
LONGUEUIL — Porter Aviation Holdings Inc. (PAHI) is entering a partnership with Macquarie Asset Management (MAM) to support development of the previously announced passenger terminal at Montréal Saint-Hubert Airport (YHU). A new company, Partenaires d’infrastructure YHU (Québec) s.e.c. / YHU Infrastructure Partners (Québec) LP, is being formed under joint Porter and MAM ownership to develop the terminal. A local management team will operate the facility upon completion.
Construction PCL (PCL) has also been selected as the general contractor for the passenger terminal. Work will commence in August, with a scheduled completion by mid-2025.
“Macquarie and PCL are well-positioned as partners to develop a state-of-the-art passenger terminal at Saint-Hubert,” said Michael Deluce, president and CEO, PAHI. “These relationships further strengthen the project and will result in a distinct terminal where passengers will genuinely enjoy their experience.”
The investment in YHU adds to its global airport and airport-related infrastructure experience, which includes current investments in the operators of Mariscal Sucre International Airport in Ecuador; El Dorado International Airport in Colombia; Aberdeen, Glasgow, Farnborough and Southampton Airports in the United Kingdom; and North Queensland and Perth Airports in Australia.
“We are excited to expand our investment footprint in the Americas through partnering with Porter to deliver high-quality infrastructure to the Montréal region,” said Karl Kuchel, CEO of Macquarie Infrastructure Partners. “We look forward to working with key airport stakeholders including the local community to make this important project a success.”
The passenger terminal is designed to be 21,000 sq.m. (225,000 sq.ft.) with nine bridged aircraft gates, and an overall modern design aesthetic. There will be lounge-style seating for all passengers and access to food and beverage concessions, as well as retail vendors. All building systems are expected to operate fully on electric power.
PCL is the largest contracting organization in Canada and one of the largest in North America, with an annual construction volume of more than $8 billion. PCL brings unparalleled depth of expertise in the aviation sector, having executed over $18.9 billion worth of airport facility and infrastructure work across North America, including new builds, expansions, and upgrades at more than 55 international airports.
“We are thrilled to embark on this groundbreaking project with Porter and Macquarie Asset Management, leveraging our local expertise and client-centered commitment to excellence,” remarked Sébastien Tremblay, vice president and district manager for Construction PCL in Québec. “We firmly believe that this collaboration will pave the way for substantial growth and development within Québec’s aviation sector.”
