Mitsui’s Renewable Projects in Canada Get C$795 Million Loans

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Mitsui & Co. has acquired a 30 percent stake in GDF Suez Canada Inc.’s wind and solar power projects in Canada, the Japanese trading company said in a statement today that didn’t give a cost for the acquisition.

The Japan Bank for International Cooperation will provide C$477 million loans in project finance for three of the wind projects and two solar stations, the bank said in a statement.