Power and Utilities Power and Utilities

Greengate Power Corporation in its agreement with Copenhagen Infrastructure Partners to develop Travers Solar – Canada’s largest operating solar energy project

On February 4, 2020, Greengate Power Corporation and Copenhagen Infrastructure Partners announced they have entered into an agreement with the intention to fund the further development and construction of the Travers Solar project. Located in Vulcan County, Alberta, Travers Solar is...

Lead Office: Calgary Date Closed: January 30, 2020 Value: $500 million

e-ZN Inc. in its $3.4 million seed round

On January 9, 2020,  e-ZN Inc. announced its $3.4 million seed round led by Energy Foundry. The financing will aid in the commercialization and market validation of e-ZN’s energy storage solution, the Zn Reactor.   e-ZN Inc. is a Toronto based growth stage company with a...

Lead Office: Toronto Date Closed: -- Value: $3.4 million

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

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....

Lead Office: Toronto Date Closed: November 6, 2019 Value: $47.2 million

SemCAMS Midstream ULC in its 50/50 joint venture with TransAlta Corporation to develop Kaybob South Cogen Facility

On October 1, 2019, SemCAMS Midstream ULC announced that they have entered into definitive agreements with TransAlta Corporation to develop, construct and operate a new cogeneration facility with an installed capacity of 40MW at the Kaybob South No. 3 sour gas processing plant, which will cost...

Lead Office: Calgary Date Closed: -- Value: $105 million

Aura Power Renewables Ltd. in its Fox Coulee Solar Project approval by the Alberta Utilities Commission

On August 13, 2019, the Alberta Utilities Commission approved the Aura Power Renewables Ltd. Fox Coulee Solar Project in Drumheller, Alberta. This was the first commercial solar project to go to a hearing, and is presently the largest solar project in Alberta. Aura Power Renewables Ltd., an...

Lead Office: Calgary Date Closed: -- Value: -

Hydro One Inc. in its $1.5 billion offering of Medium Term Notes

On April 2, 2019, Hydro One Limited announced that its wholly-owned subsidiary, Hydro One Inc., had priced an offering of $1.5 billion offering of Medium Term Notes, consisting of $700 million aggregate principal amount of 2.54% Medium Term Notes, Series 42, due 2024, $550 million aggregate...

Lead Office: Toronto Date Closed: April 5, 2019 Value: $1.5 billion

Kineticor in its acquisition of a 32MWp cogeneration facility to provide power and heat to Tidewater's Pipestone Gas Plant

On March 25, 2019, Kineticor acquired a 32 MWp cogeneration facility (currently under construction) from Tidewater Midstream and Infrastructure for $85 million. Tidewater's Pipestone Gas Plant will rely on Kineticor's cogeneration facility to be the sole power provider for the gas...

Lead Office: Calgary Date Closed: March 25, 2019 Value: $85 million

innogy SE in its decision to construct two solar projects in Canada

On February 18, 2019, innogy SE announced a final investment decision to construct two solar projects in Alberta with a total capacity of 57 MWp.  innogy SE is an energy company based in Essen, Germany. The Hull (30 MWp) and Vauxhall (27 MWp) solar projects are located in southern Alberta...

Lead Office: Calgary Date Closed: February 18, 2019 Value: -

BlackRock Real Assets in the sale of its portfolio of Canadian solar plants to Ullico Inc.

On February 1, 2019, BlackRock Real Assets announced it reached an agreement with Ullico on the sale of a portfolio of four operating solar projects in Ontario, Canada.  This marks the third successful realization for BlackRock’s Renewable Power platform. BlackRock acquired, financed...

Lead Office: Toronto Date Closed: February 1, 2019 Value: -

Pattern Energy Group Inc. in the sale of its interest in the K2 Wind Project to a consortium of investors led by Axium Infrastructure

On January 9, 2019, Pattern Energy Group Inc. (“Pattern”), completed its sale of the company's minority-owned interest in the K2 Wind power facility in Ontario for a purchase price of $216 million to a consortium of investors led by Axium Infrastructure. Pattern intends to use the...

Lead Office: Toronto Date Closed: January 9, 2019 Value: $216 million