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.
Energy Finance & Investment News in Canada
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.
Kineticor Resource Corp., in partnership with OPTrust, has closed the acquisition of a partially constructed 690 MW cogeneration plant located near Peace River, AB from Shell Canada.
Canadian Solar Inc. has announced that it has received US$20 million unsecured funding from the China and Portuguese-speaking Countries Cooperation and Development Fund (CPDFund) to support the development of eligible projects in Brazil, including the 191 MWp Pirapora I Project in the state of Minas Gerais.
Capital Power Corporation has announced that it has entered into an agreement to acquire the thermal power business of Veresen Inc., consisting of two gas-fired generation facilities and two waste heat assets.
Boralex Inc. has announced the closing of a CAD33.4 million (US$25.4 million) financing for the 10 MW Port Ryerse wind farm in Ontario, Canada.
IKEA Canada has signed agreements to acquire an 88MW wind farm located near Drumheller, Alberta approximately 130 km east of Calgary.
Canadian Solar Inc., has announced that it has completed the sale of shares of 3 utility-scale solar farm holding companies, SSM 1 Solar ULC, SSM 2 Solar ULC, and SSM 3 Solar ULC, totaling 59.8 MW AC to Fengate SSM Holdco LP, an affiliate of Fengate Real Asset Investments for over CAD257 Million (US$195.59 Million).
Harbour City Solutions consortium has been selected as the preferred proponent to design, build, finance, operate and maintain, a biosolids management project for the City of Hamilton, Ontario (Canada).
The Canadian Wind Energy Association (CanWEA) expects Canada to install approximately 700 MW of new wind energy capacity in 2017.
Northleaf Capital Partners has announced that it has held the final closing for its second OECD-focused pooled infrastructure fund, Northleaf Infrastructure Capital Partners II (NICP II), at its US$950 million hard cap.
Boralex Inc. has closed financing for the Yellow Falls hydroelectric project in Ontario for CAD74.3 million (US$54.9 million).
MWH, now part of Stantec, has hired David Rupay to lead the company’s Canadian hydropower and dam operations.
Minnesota Power's Great Northern Transmission Line received federal approval today when the U.S. Department of Energy issued a Presidential Permit, clearing the way for building the international transmission line to deliver clean energy from Canada’s extensive hydropower resources to Minnesota while strengthening reliability of the power grid.
General Electric (GE) has announced the appointment of six new company officers.
Suncor has appointed Michael Creel to the firms's board of directors. Mr. Creel's appointment will be effective on 1 January 2017.
The Hamilton Water Division within the Public Works Department at the City of Hamilton (Canada) has announced that bids for the Hamilton Biosolids PPP Project have been submitted.
Axium Infrastructure announces acquisition of 110 MW solar portfolio from Renewable Energy Trust Capital
Axium Infrastructure has acquired 100% interest in a 84 MWAC solar portfolio from Renewable Energy Trust Capital.
The Carlyle Group, Global alternative asset manager, has announced that it has raised US$2.8 billion for energy credit investments.
InstarAGF Asset Management Inc. and AGF Management Limited have announced the InstarAGF Essential Infrastructure Fund has now raised approximately CAD522 million (US$400 million) in aggregate equity commitments from institutional and high net worth investors, representing approximately 70% of the fund’s targeted CAD750 million size.