Brookfield Renewable Energy Partners has reached financial close on its C$450 million bond issuance for the 166MW Comber Wind farm in Essex County, Ontario, Canada. Scotia Capital acted as sole lead and book runner for the issuance, which was rated BBB by DBRS.
The project is the first broadly-marketed and rated wind financing in Canada. Significant interest in the transaction bodes well for future funding opportunities for both renewable power assets and investors in those.
Operis audited the financial model supporting the issuance.
Further information on Operis:
Operis is a leading advisor in project and infrastructure finance, renowned for its financial modelling and model auditing expertise and financial structuring advice. The firm has been mandated by the leading investment banks, infrastructure funds, bond arrangers and guarantor bodies around the world. This experience covers over 700 projects and other funded transactions worldwide.
Contact:
Paul Myers – Managing Director
+44 (0)20 7562 0400
