On March 1, 2023, Axium Infrastructure (Axium) announced the acquisition of a 75% equity interest in the 40 MW Grand Valley III Wind Project in Ontario. This significant purchase was made from Fengate Asset Management Ltd. With this acquisition, Axium expands its substantial presence in Ontario, adding to its diverse portfolio of renewable energy assets across North America. Elio Gatto, the Vice President and Senior Investment Director of Axium, expressed that this majority ownership in the Grand Valley III Wind project is a robust addition to their holdings. For the legal aspects of this transaction, Axium was exclusively represented by Stikeman Elliott LLP.