Boralex Inc. has announced the closing of a US$95 million financing for the 52 MW Témiscouata II wind farm, located on public lands in the municipalities of Saint-Elzéar-de-Témiscouata and Saint-Honoré-de-Témiscouata, Quebec, Canada.
Located on public lands in the municipalities of Saint-Elzear-de-Temiscouata and Saint-Honore-de-Temiscouata, the site has been in operation since 2015. The financing was provided by Desjardins, as the sole lender and arranger. The funding comprises a US$85 million term loan, amortized over 11 years, plus a letter of credit facility, totaling US$9.7 million, for guarantees under contracts with Hydro-Quebec and financing reserves.
Country updates
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August 16, 2024
Silicon Ranch Energizes First Utility-Scale Solar Project in Alberta’s Industrial Heartland
Silicon Ranch has reached commercial operation of 58 MW Scotford Solar Farm near Edmonton, Alberta in Canada. The 58-MW Scotford Solar Farm can generate enough renewable energy to meet approxima...
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June 19, 2024
Share purchase agreement signed for acquisition of majority stake in Neoen by Brookfield
Brookfield has signed the share purchase agreement for the acquisition of 53.12% of the outstanding shares of Neoen for EUR39.85/ share in Neoen from Impala and other shareholders. Neoen announced th...
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May 30, 2024
Brookfield to acquire 53.32% share in Neoen
Brookfield together with its institutional partners including Brookfield Renewable and Temasek has entered into exclusive negotiations to purchase a 53.32% shareholding in Neoen fr...
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May 17, 2024
Neoen won contract for development of 400 MW/1,600 MWh Storage project in Canada
Neoen has announced that its wholly-owned subsidiary Shift Solar Inc. has been awarded a 380 MW / 4-hour capacity contract for the development of 400 MW / 1,600 MWh located in the Munic...
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January 24, 2024
Operations started for a 297 MW Onshore wind farm in Canada
EDP Renewables North America has announced that its 297 MW Sharp Hills wind project in Alberta, Canada has become operational. The wind farm is situated in the Special Areas municipality nea...
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