Top News

American Apparel Got Indication of Interest for $1.30-$1.40 per Share
Tweet TWEET

Invenergy Gets Financing for Des Moulins Wind Project in Canada

Invenergy LLC, a closely held renewable-energy developer, received construction, bridge and term loans for a 135.7-megawatt wind farm it’s building in Quebec, Canada.

Prudential Financial Inc. (PRU), Banco Santander SA, Rabobank Group and Mitsubishi UFJ Financial Group Inc. are providing financing for Invenergy’s Des Moulins project, 140 miles (225 kilometers) northeast of Montreal, the Chicago-based company said today in a statement on its website that didn’t include terms. Sunlife Assurance Co. is purchasing fixed-rate notes.

Hydro-Quebec has a 20-year contract to purchase power produced by Des Moulins, which will have 59 Enercon GmbH turbines and is expected to be complete next year.

To contact the reporter on this story: Andrew Herndon in San Francisco at aherndon2@bloomberg.net

To contact the editor responsible for this story: Will Wade at wwade4@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.