On December 26, 2017, Henvey Inlet Wind LP announced the completion of a $1 billion financing for the 300 megawatt (MW) Henvey Inlet Wind project located on Henvey Inlet First Nation Reserve No. 2 on the northeast shore of the Georgian Bay in Ontario. This project is the largest wind project in Ontario and the first on-reserve wind power project. Henvey Inlet Wind will utilize 87 Vestas 3.45 MW turbines with a 136-meter rotor diameter and 132-meter hub height. The project has a 20-year Power Purchase Agreement with the Independent Electricity System Operator (IESO) for 100% of its production.
Henvey Inlet Wind is a 50%-50% joint venture between Pattern Energy Group LP and Nigig Power Corporation, a wholly-owned subsidiary of Henvey Inlet First Nation.
Osler, Hoskin and Harcourt LLP represented Henvey Inlet Wind LP with a team consisting of Danna Donald, Richard Wong, Ethan McCarthy, Marissa Kirsh, and Vince Mazza (Commercial), Richard King (Aboriginal), Adrian Hartog, Suzanne Herceg, Brenda Varallo, and Wendy Kao (Real Property), and John Groenewegen and Tara Law (Corporate).
Key Contact
Partner, Project Finance, Toronto
Team
Partner, Corporate, Toronto
Partner, Commercial, Toronto
Associate, Construction, Toronto
Partner, Regulatory, Indigenous and Environmental, Toronto
Partner, Project Finance, Toronto