Environmental, Social and Governance (ESG)

Dream Unlimited Corp. the $47.2 million sale of its renewable power portfolio to Potentia Renewables Inc.

Dream Unlimited Corp.

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Expertise
Environmental, Social and Governance (ESG) Power and Utilities
Key Contact
Jacob A. Sadikman

Partner, Commercial, Toronto

Team
Marissa Kirsh

Partner, Project Finance, Toronto

 

On November 6, 2019, Dream Unlimited Corp. completed the sale of its renewable power portfolio stake to Potentia Renewables Inc. for $47.2 million. The renewable portfolio includes three ground-mount solar projects totaling 43MW in Ontario and four wind farms totaling 24MW in Nova Scotia. The acquisition of the renewable power portfolio stake will position Potentia with over 500MW of projects in operation and 300MW of wind projects.

Dream Unlimited Corp. is a real estate investment firm specializing in providing real estate asset management and advisory services such as sourcing, acquiring managing and developing commercial and residential real estate in Western Canada.

Potentia Renewables Inc. is a Toronto-based developer, owner, and operator of renewable energy assets.

Osler, Hoskin & Harcourt LLP advised Dream Unlimited Corp. with a team consisting of Jacob Sadikman (Commercial) and Marissa Kirsh (Construction).

Value
$47.2 million
Date Closed
November 6, 2019
Lead Office
Toronto
Key Contact
Jacob A. Sadikman

Partner, Commercial, Toronto

Team
Marissa Kirsh

Partner, Project Finance, Toronto

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