BluEarth Renewables closes $145 million financing for 145 MW Hand Hills Wind Project

On April 27, 2022, BluEarth Renewables closed $145 million in non-recourse debt for its 145 MW Hand Hills Wind Project, which includes construction and term debt financing. ATB Financial acted as administrative agent and coordinating lead arranger, with Desjardins, Royal Bank of Canada and Siemens Financial as Joint Lead Arrangers.

ATB Financial, headquartered in Edmonton, Alberta, is a financial institution which offers its services across Canada.

McCarthy Tétrault advised ATB Financial with a team led by Joseph Palin that included Audrey Bouffard-Nesbitt, Sydney Hamilton, Kerri Howard, Jamie Gibb and Luke Madill.

Osler, Hoskin & Harcourt LLP served as opposing counsel.

Lawyer(s)

Joseph Palin Audrey Bouffard-Nesbitt