Innergex Renewable Energy completes increase to C$350 million and extension of its existing corporate credit facilities
Date Closed
August 9, 2011
Lead Office
Montréal
Value
350.00 Million CAD
On August 9, 2011, Innergex Renewable Energy Inc. (“Innergex”) completed the increase to C$350 million and extension of its existing corporate credit facilities. TD Securities and BMO Capital Markets acted as Co-Lead Arrangers and Joint Book Managers with The Toronto-Dominion Bank acting as Administrative Agent and Bank of Montreal acting as Syndication Agent for a syndicate of lenders also including: Canadian Imperial Bank of Commerce, Caisse centrale Desjardins, National Bank of Canada, The Bank of Nova Scotia and Laurentian Bank of Canada.
Innergex, headquartered in Longueuil, Québec. is a developer, owner and operator of run-of-river hydroelectric facilities, wind energy, and solar farms in North America.
McCarthy Tétrault LLP acted on behalf of Innergex in connection with the financing, with a team led by Richard O'Doherty.
