Innergex completes C$53.4 million financing of the Carleton Wind Farm Project
Date Closed
November 14, 2008
Lead Office
Montréal
Value
53.40 Million CAD
On November 14, 2008, Innergex CAR, L.P. obtained credit facilities from two major banks to finance its interest in the Carleton Wind Energy wind farm project located in Carleton, Québec. The Carleton wind farm is comprised of 73 wind turbines having 109.5 MW of total installed capacity. Under the transaction, a consortium of lenders will provide Innergex with C$53.4 million to complete the project.
Innergex Renewable Energy is a developer, owner and operator of run-of-river hydroelectric facilities, wind energy, and solar farms in North America.
McCarthy Tétrault LLP represented Innergex CAR, L.P,. with a team led by Marc Dorion.