Sun Life extends $160 mln in loans to Brookfield-backed Enwave
Canadian financial services firm Sun Life Financial has advanced its second of two long-term senior loans totaling $160 million to Enwave Energy Corp., a Toronto-based provider of cooling and heating services, and a portfolio company of Brookfield Asset Management. The $75 million second tranche of the facility was provided in July. This funding follows the first tranche of $85 million which was advanced in 2010. Brookfield bought Enwave from Borealis Infrastructure, the infrastructure investment arm of OMERS, and the City of Toronto for $480 million in October 2012.
12 September 2013•4 mins read
