Bird Construction, a Canadian building firm, has been selected as the lead contractor for a new data‑center project in Saskatchewan. The decision follows a surge in demand for high‑speed infrastructure across the province. With this role, the company now plans to tap debt markets for the first time.

Bird Construction intends to issue corporate bonds worth approximately C$250 million, roughly US$181 million. The issuance marks the firm’s first foray into debt financing, a move that could diversify its capital structure and lower reliance on equity. Investors will view the deal as a gauge of the company’s confidence in the data‑center venture and its broader market prospects.

By selling bonds, Bird Construction signals confidence that its Saskatchewan data‑center project will generate steady cash flows. The deal could attract institutional buyers seeking exposure to the Canadian infrastructure sector, potentially lowering borrowing costs for similar projects. The transaction will also set a precedent for other provincial construction firms looking to monetize long‑term contracts through debt markets in 2024 year.