Project Finance

Alliance de l’énergie de l’Est s.e.c. in connection with the $521-million financing of the Saint-Paul-de-Montminy wind farm project Alliance de l’énergie de l’Est s.e.c. in connection with the $521-million financing of the Saint-Paul-de-Montminy wind farm project

Alliance de l’énergie de l’Est s.e.c.
Key Contact
Etienne Massicotte

Partner, Financial Services, Montréal

Team
Jean-Christophe Leduc

Associate, Financial Services, Montréal

Nathalie Beauregard

Partner, Emerging and High Growth Companies, Montréal

On August 13, 2026, Alliance de l’énergie de l’Est s.e.c., together with its project partners Kruger Energy Inc. and Potentia Renewables Inc., secured a $521-million syndicated financing for the Saint-Paul-de-Montminy wind farm project located in Saint-Paul-de Montminy and Sainte-Appoline-de Patton, Québec. The financing was led by Mouvement Desjardins and KfW IPEX-Bank.

The Saint-Paul-de-Montminy wind farm is being developed through Saint-Paul-de-Montminy Wind Farm Inc., a joint venture between Alliance de l’énergie de l’Est s.e.c., Kruger Energy Inc. and Potentia Renewables Inc. The project is expected to contribute to Québec’s renewable energy infrastructure and support the province’s growing demand for clean electricity generation.

Osler, Hoskin & Harcourt LLP advised Alliance de l’énergie de l’Est s.e.c. in connection with the financing with a team comprised of Étienne Massicotte, Jean-Christophe Leduc (Financial Services) and Nathalie Beauregard (Emerging and High Growth Companies).

Value
$521 million
Date Announced
August 13, 2026
Lead Office
Montreal
Key Contact
Etienne Massicotte

Partner, Financial Services, Montréal

Team
Jean-Christophe Leduc

Associate, Financial Services, Montréal

Nathalie Beauregard

Partner, Emerging and High Growth Companies, Montréal