KfW IPEX-Bank: Financing for PPAW 1 Wind Energy Centre in Canada
Canada, June 10 -- KfW IPEX-Bank is financing the equivalent of EUR 140 million for a wind energy project, serving as co-lead arranger in collaboration with National Bank of Canada, the Desjardins Group, Canadian Imperial Bank of Commerce (CIBC) and Sumitomo Mitsui Banking Corporation's (SMBC) Canada Branch. The project involves the construction and operation of the 350 MW onshore wind farm, Pohenegamook-Picard-Saint-Antonin-Wolastokuk 1 (PPAW1) Energy Centre in the province of Quebec, Canada. The total of 56 wind turbines will be supplied by Danish manufacturer Vestas, with commissioning of the wind farm planned for the end of 2026.The project sponsors are Invenergy, North America's largest privately held developer, owner, and operator of ...
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