Connor, Clark & Lunn Infrastructure (CC&L Infrastructure) has entered into a definitive agreement with Greengen Holdings Ltd. (Greengen) and Sts’ailes Energy Development Limited Partnership (Sts’ailes) to acquire a majority interest in Bremner Trio Hydro Corp., which owns two construction-stage, run-of-river hydropower facilities aggregating approximately 50 megawatts (MW) located near Harrison Lake in British Columbia. The portfolio consists of the 27 MW Trio Creek and 23 MW Bremner Creek hydroelectric projects, with a combined expected energy output of approximately 150 GWh per year.
With key construction and procurement milestones achieved, the Trio Creek project is underway, and the Bremner Creek project is expected to commence construction in early 2019. In total, the Projects will require approximately $200 million of capital and all of the power generated by the facilities will be sold to British Columbia Hydro & Power Authority under a 40-year Electricity Purchase Agreement.
Husky Energy Inc has announced a proposal to acquire all of the outstanding shares of MEG Energy Corp.for implied total equity consideration of approximately CAD3.3 billion (US$2.55 billion). This pro...
Read moreAltaGas Ltd enters into a definitive agreement with the Black Swan Energy Ltd for the acquisition of 50% stakes in Swan Energy's interest in Aitken Creek Processing Facilities located in...
Read moreCanadian government announced $29.8 million for Halagonia Tidal Energy Ltd. in support of its $117-million project to provide clean electricity to Nova Scotia. The project will cut pollution from...
Read moreVestas has announced that it has received an order for 202 MW of V136-3.45 MW turbines delivered in 3.6 MW Power Optimised Mode from Capital Power for its Whitla Wind project located in southeast Albe...
Read moreBoralex has announced the completion of the acquisition of all of the economic interests of Invenergy Renewables in five wind farms in Québec for a total cash consideration...
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