Plenary Conventions consortium secures $449M public-private partnership to deliver Nyaal Banyul Geelong Convention and Event Centre

Plenary Group, through the Plenary Conventions consortium, finalized a $449 million public-private partnership to deliver the Nyaal Banyul Geelong Convention and Event Centre in Geelong, Australia. The 1,000-seat theatre and event precinct is part of a $676 million Geelong City Deal, with construction creating over 1,400 jobs and training 250 apprentices. The project includes an 80 sqm LED screen, food and beverage offerings, and a public plaza, with the adjacent 200-room Crowne Plaza Geelong hotel already operational. Expected to host 50+ conferences annually, the centre will drive tourism and economic growth in the region. The financing structure combines government investment with private sector participation, with Plenary Group committing an additional $130 million for the hotel and $260 million for future commercial spaces.

Counterparts (7)

Investor

Plenary Group

company

Plenary Group is an infrastructure investor, developer, and manager focused on public-private partnerships (PPPs) and concessions. They invest in and manage infrastructure projects across various sectors, including transport, social infrastructure, and utilities.

builder

B

Built

company

architect

W

Woods Bagot

company

facilities manager

B

BGIS

company

Partner

C

City of Greater Geelong

company

V

Victorian Government

company

Australian Government

company

The Australian Government invests in infrastructure projects across various sectors to support economic growth and improve the quality of life for its citizens. Its investment strategy focuses on projects that enhance productivity, connectivity, and sustainability.