Liricon/Plenary have proposed a long term internal rate of return on the equity invested of 12%, which is typical for Canadian P3 projects.
Upside ridership revenues will be shared with the Government of Alberta to reduce any performance payments which limits the profits Liricon/Plenary may make from a successful project.
There are many downside risk scenarios which could result in Liricon/Plenary losing all or a portion of their investment.
Most Canadian P3 transit projects in recent years have resulted in private sector investors and/or contracting partners losing money.