News Briefs
Business developments, technology launches and other news free to view

News Briefs

  • Northland Power acquires DeBu offshore wind project +

    Northland Power has completed the acquisition of the Deutsche Bucht (DeBu) offshore wind project from Highland Group Holdings Ltd. The Read More
  • New shore power system operational in Montreal +

    The City of Montreal is now able to reduce greenhouse gas emissions from cruise ships docked at the Alexandra Pier Read More
  • BioAmber to take full control of Sarnia plant +

    BioAmber Inc. has inked an agreement to purchase Mitsui & Co Ltd.'s minority stake in its Sarnia joint venture. The Read More
  • OCGC names new chief executive +

    The board of directors at the Ontario Capital Growth Corp. (OCGC) has appointed Steve Romanyshyn as its new president and Read More
  • Boralex closes financing for France wind farm +

    Boralex Inc. has closed a $67.9 million financing for the 30 MW Chemin de Grès wind farm in France. The Read More
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Boralex Inc. has closed a $67.9 million financing for the 30 MW Chemin de Grès wind farm in France. The wind project is located located in the communes of Viesly and Saint-Python. 

 

The long-term financing for Chemin de Grès is provided by a syndicate of lenders led by Crédit Industriel et Commercial, Bpifrance Financement S.A., and Arkea Banque Entreprise et Institutionnels. The financing comprises, among other things, tax-free long-term financing of $58.5 million and VAT credit financing of $9.4 million. 

The commissioning of the Chemin de Grès wind farm project is slated for later in 2017.