Caisse lends $90 mln to Mont Sainte-Marguerite wind farm

Caisse de dépôt et de placement du Québec has agreed to provide $90 million in term-loan financing to help construct the Mont Sainte-Marguerite wind farm project in Québec's Chaudière-Appalaches region. Pattern Energy Group LP, a portfolio investment of U.S. private equity firm Riverstone Holdings, is developing the project in partnership with local municipalities. It will include a wind farm of 46 wind turbines that, once operational, will have a capacity of 147 megawatts. The power generated will be sold to Hydro-Québec under a 25-year agreement.

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