Potentia Renewables Inc.

Potentia Renewables in five unique, long term, non-recourse project financings

Client

Potentia Renewables Inc.

Value

-

Service

Commercial Real Estate

Date Closed

April 2022

Industry

Power & Utilities

Lead Office

Toronto

 

On April 6, 2022, Potentia Renewables Inc. (Potentia) announced that it has closed five unique, long term, non-recourse project financings for each of its Stirling, Wheatland, Jenner 1, Jenner 2 and Jenner 3 Wind Energy Facilities currently under construction in Alberta. This milestone is another major step in Potentia’s $1.5 billion capital deployment for almost one Gigawatt of new renewable energy currently being built in Western Canada. The Stirling and Wheatland wind farms will have a total installed capacity of 243MW from 47 wind turbines.

Potentia Renewables Inc., a wholly owned subsidiary of Power Sustainable Capital, is a fully integrated developer, owner, and operator of renewable energy assets.

Osler, Hoskin & Harcourt LLP advised Potentia with a team consisting of, Danna Donald (Commercial), Marissa Kirsh (Construction), Simon Baines (Energy), Peter Osmond (Corporate), Bryce Kustra and Luke Stretch (Real Estate).