Innergex Completes Refinancing Relating to the Carleton Wind Farm Project

Innergex Renewable Energy Inc. (“Innergex”) has closed a $52.8-million non-recourse term loan to refinance its ownership portion of the Carleton wind farm located on the Gaspé Peninsula in Québec, Canada.

The new financing has been provided by Sumitomo Mitsui Banking Corporation and Bank of Tokyo Mitsubishi UFJ Canada, the same two lenders of the initial financing.

Innergex was represented by its senior director, corporate legal affairs and corporate secretary, Nathalie Théberge, and by its legal counsel, Mathieu Compagnat; and by a team from McCarthy Tétrault LLP under the supervision of Marc Dorion and led by Richard O'Doherty, with the assistance of Laurent Gauthier and Candace Pallone.

The Agent and the lenders under the refinancing were represented by a team from Gowling Lafleur Henderson LLP led by David Kierans, with Marie-France Béland providing assistance.