CC&L and partners close $613 mln solar bond financing
Connor, Clark & Lunn Infrastructure (CC&L Infrastructure), Samsung Renewable Energy Inc and the Six Nations of the Grand River Development Corp have closed a $613 million bond financing for the 100 megawatt Grand Renewable Solar Project. The deal's proceeds will be used to refinance the project's existing bank debt and swap facilities. Located in Haldimand County, Ontario, the project began commercial operation in March 2015 and produces enough alternative energy for more than 17,000 households. CC&L Infrastructure is an affiliate of Canadian asset management firm Clark & Lunn Financial Group Ltd.
15 June 2016•4 mins read
