Parties
Company
Axium Infrastructure
Company
Fiera Infrastructure
Axium Infrastructure, together with Nova Scotia Pension Services Corporation, has acquired a 50 percent equity interest in the 100 MW Cedar Point II Wind Project located in Ontario from Fiera Infrastructure Inc.
The power produced by the project is sold to the Independent Electricity System Operator (IESO) under a 20-year power purchase agreement under Ontario FIT Program.
CIBC Capital Markets acted as exclusive financial advisor to Fiera Infrastructure in connection with the transaction.
Davies acted for Axium.
Deal Type
Merger & AcquisitionIndustry
EnergyTransaction
Undisclosed/ConfidentialDeal Status
ClosedClosing Date
18 June 2024