From Yahoo Finance: 2025-06-04 06:06:00

Invenergy and Alliance de l’énergie de l’Est secure C$1.1bn financing for PPAW 1 wind energy center in Quebec. Construction starts in 2025, operations by end of 2026. 350 jobs created, including 100 at Marmen Énergie. Project to benefit local communities over 30 years. Financial institutions Desjardins, CIBC, SMBC involved.

Desjardins Group, National Bank of Canada, CIBC, SMBC, and KfW IPEX-Bank provide financing for PPAW 1. Desjardins Group serves as administrative agent. Bank syndicate led by coordinating lead arrangers. Project aligns with country’s Green Loan Principles. Eastern Energy Alliance president praises partners for supporting project.

Invenergy launches Sauk Valley hydrogen facility in Illinois, producing 40t of clean hydrogen annually. Facility powered by adjacent solar plant and Ohmium International’s electrolyser technology. Project aims to promote clean energy solutions. “Invenergy and partners finalise $801m funding for Quebec wind project” originally published by Power Technology.

Read more: Invenergy and partners finalise $801m funding for Quebec wind project