Deal details

332MW Aela Renewables Portfolio - Acquisition Financing

Description

Innergex Renewable Energy (INE) has raised C$209 million ($164 million) from a bought deal equity offering and a private placement to fund its acquisition of the 332MW Aela renewables portfolio in Chile from Actis and Mainstream Renewable Power. Innergex sold an aggregate of 9.7 million common shares to a syndicate of underwriters including CIBC Capital Markets, National Bank Financial Inc, BMO Capital Markets and TD Securities Inc.

Assets involved

Companies involved

  • CIBC Capital Markets, TD Securities , BMO Capital Markets, National Bank Financial
  • Innergex Renewable Energy

Key information

Aela Energia

164$m

23-02-2022

Renewables / Onshore wind

Chile

Project & Infrastructure Finance

Not PPP

Tranche information

Project Bond

164$m

Canadian Dollar - CAD

209,800,000

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