Vents du Kempt Closes Senior Debt Transaction
The Vents du Kempt wind power project, which is located the Matapédia region of the Gaspé in Québec, has closed a senior debt transaction. The debt providers are institutional investors, including the Caisse de Dépôt et Placement du Québec, which contributed $50 million. An affiliate of Fiera Axium Infrastructure Inc., a Canadian private equity firm focused on core infrastructure opportunities, owns 49% of Vents du Kempt, while Eolectric Club LP, a fund formed by Fiera and Eolectric Inc. in 2012, owns a 51% interest.
11 June 2013•5 mins read
