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Energy Finance & Investment News in Canada

DIF completes the refinancing of a 30 MWac ground mounted solar PV portfolio

DIF completes the refinancing of a 30 MWac ground mounted solar PV portfolio

🕔Jan 15, 2018

DIF has completed the refinancing of a portfolio of three operational, ground-mounted solar photovoltaic projects located in Ontario, Canada.

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Capstone completes wind farm acquisition and corporate refinancing

Capstone completes wind farm acquisition and corporate refinancing

🕔Jan 12, 2018

Capstone Infrastructure Corporation has announced that it has acquired the remaining interests in Glen Dhu Wind Energy Limited Partnership and Fitzpatrick Mountain Wind Energy Inc., and closed a new corporate credit facility.

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CAD$1 billion secured for largest wind project in Ontario

CAD$1 billion secured for largest wind project in Ontario

🕔Jan 5, 2018

Pattern Energy Group has announced that it has secured CAD$1 billion (US$798,23 million) financing for the 300 MW Henvey Inlet wind project located on Henvey Inlet First Nation Reserve No. 2 on the northeast shore of the Georgian Bay in Ontario.

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US$280 million refinancing for two solar plants in Canada

US$280 million refinancing for two solar plants in Canada

🕔Dec 14, 2017

Connor, Clark & Lunn Infrastructure has announced the closing of two separate bond financings with a total of approximately CAD359 million (US$279.3 million) for the 50 MW Windsor Solar Project and the 50 MW Southgate Solar Project.

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Powin Energy Closes Project Financing from Brookfield Renewable for its Stratford Energy Storage System

Powin Energy Closes Project Financing from Brookfield Renewable for its Stratford Energy Storage System

🕔Oct 31, 2017

Powin Energy Corporation has secured construction to term project financing from renewable power company Brookfield Renewable Partners for its 8.8 MW/40.8 MWh Stratford Energy Storage Project in Stratford, Ontario, Canada

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IPPToday #87: IFC sells Pacific Midstream stakes back to Frontera

IPPToday #87: IFC sells Pacific Midstream stakes back to Frontera

🕔Oct 27, 2017

Frontera Energy Corporation has signed an agreement to acquire the outstanding 36.36% ownership of Pacific Midstream Limited from the International Finance Corporation (IFC).

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Shenzhen Firm to acquire three U.S. solar farms

Shenzhen Firm to acquire three U.S. solar farms

🕔Oct 26, 2017

Shenzhen Energy will buy three California solar power plants for approximately US$232 million from Canadian Solar, as a way to diversify their business with power plant construction.

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IPPToday #72: Alberta transmission project closes $1.4 billion financing

IPPToday #72: Alberta transmission project closes $1.4 billion financing

🕔Oct 5, 2017

ATCO has announced that Alberta PowerLine, a partnership owned 80 per cent by Canadian Utilities Limited, an ATCO company, and 20 per cent by Quanta Services, Inc., has closed the issuance of an aggregate of US$1,384,678,000 of bonds with maturities ranging from June 2032 to March 2054.

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IPPToday #57: DONG Energy Signs LoI for big offshore wind project in British Columbia, Canada

IPPToday #57: DONG Energy Signs LoI for big offshore wind project in British Columbia, Canada

🕔Sep 14, 2017

DONG Energy and NaiKun Wind Energy Group have signed a Letter of Intent (LOI) which gives DONG Energy the exclusive rights to negotiate a joint development agreement for the Haida Energy Field Offshore Wind Project in British Columbia and explore the potential for establishing a long-term partnership with Naikun Wind Energy Group

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BC Hydro acquires additional interest in 480 MW Waneta Dam

BC Hydro acquires additional interest in 480 MW Waneta Dam

🕔Aug 10, 2017

BC Hydro has announced it plans to purchase the remaining two-third ownership interest in the Waneta Dam and Generating Station in Trail, B.C. from Teck Resources Limited (Teck) for CAD1.2 billion (US$945 million). The purchase is forecast to have a beneficial financial impact each year, helping to keep rates affordable for BC Hydro’s customers.

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La Caisse acquires a 17.3% interest in Boralex

La Caisse acquires a 17.3% interest in Boralex

🕔Aug 4, 2017

Boralex has announced that Caisse de dépôt et placement du Québec has acquired all of the Class A common shares of Boralex held by Cascades representing 17.3% of the outstanding shares for the amount of CAD287.5 million (US$228.4 million).

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SaskPower's 200 MW wind project moves to RFP phase

SaskPower's 200 MW wind project moves to RFP phase

🕔Jul 19, 2017

The competitive process for the SaskPower's next 200 MW of utility-scale wind capacity is moving forward, with the Request for Proposal (RFP) phase of the competition.

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Fengate reaches financial close on acquisition of 40 MW operating wind asset in Ontario

Fengate reaches financial close on acquisition of 40 MW operating wind asset in Ontario

🕔Jul 10, 2017

Fengate Real Asset Investments has announced that the firm has reached financial close on its acquisition of a 75% limited partner interest and 50% general partner interest in a 40 MW operating wind farm in Southern Ontario.

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InstarAGF closes first fund at target size

InstarAGF closes first fund at target size

🕔Jun 28, 2017

InstarAGF Asset Management and AGF Management have announced the final closing of the InstarAGF Essential Infrastructure Fund with US$740 million in aggregate equity commitments from institutional and high net worth investors from Canada, Europe, the United Kingdom and United States.

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Fortis to buy interest in a hydro project from Teck Resources

Fortis to buy interest in a hydro project from Teck Resources

🕔May 16, 2017

Fortis Inc.and Teck Resources Limited have announced an agreement under which Fortis will purchase Teck’s two-thirds interest in the Waneta Dam and related transmission assets in British Columbia, Canada, for CAD1.2 billion cash (US$878 million).

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Quanta subsidiary raises $750 million in first close on its debut fund

Quanta subsidiary raises $750 million in first close on its debut fund

🕔May 8, 2017

First Infrastructure Capital Advisors, a subsidiary of Quanta Services, held a US$750 million first close on its debut fund, First Infrastructure Capital.

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SNC-Lavalin to acquire WS Atkins

SNC-Lavalin to acquire WS Atkins

🕔Apr 24, 2017

SNC-Lavalin Group Inc. has announced that it has reached an agreement with WS Atkins plc, approved by the boards of directors of both companies, on the terms of a cash acquisition by which SNC-Lavalin will acquire the entire issued and to be issued share capital of Atkins for £20.8 (US$22.3) per share in cash, representing an aggregate cash consideration of CAD3.6 billion (US$2.7 billion).

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Alberta initiates renewable procurement programme

Alberta initiates renewable procurement programme

🕔Apr 17, 2017

The Alberta Electric System Operator (AESO) has issued a Request for Expressions of Interest (REOI) to initiate the first competitive procurement process as part of the Renewable Electricity Program (REP).

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Anbaric, Ontario Teachers' to form clean energy infrastructure alliance

Anbaric, Ontario Teachers' to form clean energy infrastructure alliance

🕔Mar 14, 2017

Anbaric, a developer of clean energy transmission and microgrid projects, and Ontario Teachers' Pension Plan have announced a partnership to create a new development company, Anbaric Development Partners.

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Pattern Development reaches FC on 147 MW wind project in Québec

Pattern Development reaches FC on 147 MW wind project in Québec

🕔Mar 13, 2017

Pattern Energy Group LP has announced the completion of CAD263 million (US$195 million) construction-to-term financing for its 147 MW Mont Sainte-Marguerite Wind project, which is now entering full-stage construction.

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