Invenergy Closes Raleigh Wind Energy Project Financing

On January 22, 2010, Raleigh Wind Power Partnership and its sponsor, Invenergy Wind North America LLC, completed a $179,000,000 project financing of the Raleigh Wind Energy Project.
When completed, the project will consist of a 78 MW name plate capacity wind generation project comprising 52 GE 1.5 MW XLE turbines located in or near the Regional Municipality of Chatham-Kent, Ontario.

Financing of the project comprises approximately $175,000,000 in construction and term loans and $4,000,000 in contract support for the project provided by The Manufacturers Life Insurance Company, as agent and lead lender, Sun Life Assurance Company of Canada and Ontario Pension Board Investments Inc.

Raleigh Wind Power Partnership and Invenergy Wind North America LLC were represented by Bennett Jones LLP with a team consisting of Bruce Barker, Ernest Belyea, Paul Blundy, James McDermott, Leonard Griffiths, Steven Lutz, Sarah Gilbert, Yoon Han, Aleksandra Finelli, Faran Umar-Khitab, Michael Kershaw and Robert Clarke; by Mark Michael MacKew Professional Corporation; and by Winston & Strawn LLP in the United States with a team consisting of Laurette Petersen and James Klempir.

The lenders were represented by Borden Ladner Gervais LLP with a team led by Linda Bertoldi and Bruce Fowler and including Paul McCarten, Gus Karantzoulis, Adam Chamberlain, Christine Long, James Sidlofsky, Domenic Damiani, Anna Naud, Stephanie Campanaro and Tiffany Murray; and by Chadbourne & Parke LLP, in the United States with a team consisting of Jonathan Melmed, Scott Berson and Joseph Giannini, and assisted by Sun Life Assurance Company of Canada in-house counsel Sam Steel.

Lawyer(s)

Bruce C. Barker Faran Umar-Khitab Domenic Damiani Robert A. Clarke Tiffany Murray Michael A. Kershaw Stephanie Campanaro Gus Karantzoulis Sarah E. Gilbert James C. Sidlofsky Leonard J. Griffiths Paul D. Blundy Linda L. Bertoldi Jonathan M.A. Melmed Adam Chamberlain Anna C. Naud James J. McDermott Christine E. Long W. Paul McCarten Aleksandra B. Finelli Ernest W. Belyea J. Steven Lutz

Firm(s)

Bennett Jones LLP Winston & Strawn LLP Borden Ladner Gervais LLP (BLG) Chadbourne & Parke LLP