Home : April 2015 : April 02, 2015 News : Grand Bend Wind Project Reaches Financial Close |
Grand Bend Wind Project Reaches Financial Close |
April 02, 2015
TORONTO, ON--(Marketwired - April 01, 2015) - Northland Power Inc. ("Northland") (TSX: NPI) (TSX: NPI.PR.A) (TSX: NPI.PR.C) (TSX: NPI.DB.B) (TSX: NPI.DB.C), the Aamjiwnaang First Nation and Bkejwanong Territory (Walpole Island First Nation) today announced the closing of project financing for the Grand Bend Wind Project, with all of the equity contributed to the project and all debt required for the project now fully committed by the project lenders. The 100 MW project, located near Grand Bend, Ontario, is a 50/50 partnership between Northland and Giiwedin Noodin FN Energy Corporation, which was created to hold the equity interest of the Aamjiwnaang First Nation and Bkejwanong Territory (Walpole Island First Nation) in the project.
http://www.marketwired.com/mw/release.do?id=2006121&sourceType=3
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