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 and 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, Zander McGillivray (Construction), Simon Baines (Energy), Peter Osmond (Corporate), Bryce Kustra and Luke Stretch (Real Estate).