On June 3, 2025, Alliance de l’énergie de l’Est and Invenergy announced the closing of $1.1 billion in financing for the Pohénégamook-Picard-Saint-Antonin-Wolastokuk 1 (PPAW 1) Wind Energy Centre.
PPAW 1 will be developed as an equal partnership between Invenergy and the Alliance de l’énergie de l’Est and was selected by Hydro-Québec in 2023 as part of a call for tenders.
Alliance de l’énergie de l’Est is a consortium of 209 municipalities and territories in eastern Québec which includes the Wolastoqiyik Wahsipekuk First Nation and the Communauté maritime des Îles-de-la-Madeleine.
Osler, Hoskin & Harcourt LLP advised Alliance de l’énergie de l’Est with a team consisting of Etienne Massicotte, Jean-Christophe Leduc (Financial Services), Nathalie Beauregard (Emerging and High Growth Companies) and Alain Fournier (Tax).
McCarthy Tétrault LLP advised Invenergy, with a team led by Richard O’Doherty and Louis-Nicolas Boulanger, that included Jacob Stone, Alexandre Saulnier-Marceau, Alexandre Desmarais, Quentin Pérès (Financial Services), Elena Drouin, Janie Lambert-Roy (Commercial), François Gilbert, Antoine Lebrun (Derivatives), François Giroux, Nicolas Deslandres, Morgane Palau, Simon Bouthillier, Laurence Chabot, Audrey Poulin (Litigation) Dominique Amyot-Bilodeau, Morgane Besner (Environment & First Nations), Annie Gagnon-Larocque, Joannie Jacques, Rafaella Arapovic (Real Estate), Anca Neacsu (Construction), Matthew Kraemer, Fred Purkey, Genevieve Favreau, Adam Unick (Tax), Brian Lipson, Yassine Khadir (Transport), Alexandre Buswell, Myriane Le Francois and Dominique Gregoire (Labour).