Sydney Light Rail Public Private Partnership - SLR-PPP

TfNSW entered into a Public Private Partnership to undertake: the finance, design, construction, operation and maintenance of a new light rail system for the CBD and South East Sydney; and the operation and maintenance of the Inner West Light Rail (Central Station to Dulwich Hill). The Project Deed sets out the terms and conditions of the Sydney Light Rail Public Private Partnership. The Deed was entered into on 17 December 2014, and became effective on 24 February 2015 (Financial Close) when the Conditions Precedent were met. In accordance with clause 62.4 of the Project Deed, the Sydney Light Rail Project Deed was varied and amended by the following deeds: Deed of Variation dated 31 May 2019 and reached Financial Close on 7 June 2019; and Deed of Variation dated 17 June 2021 and became effective on 23 June 2021 (Early CDPD Effective Date).