Boralex, Innu community secures $600 million project financing

Company

Parc éolien Apuiat S.E.C. (Innu)

Bank

Desjardins Group

Law Firm / Organization
Blake, Cassels & Graydon LLP

Boralex, a Canadian renewable energy developer, and its Innu community partners at Parc éolien Apuiat S.E.C. (Innu) have secured $600 million in project financing to construct the 200 MW Apuiat wind farm on Quebec’s North Shore.

The long-term financing for the wind farm was provided by Desjardins Group, which acted as the coordinating lead arranger. Other financial institutions included CaixaBank, DZ Bank AG, and the Korea Development Bank.

Financing/Investment
Infrastructure
$ 600,000,000
Closed
23 September 2023