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Written by / Agency / Source: Invenergy, LLC / Invenergy Services

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Invenergy Closes Refinancing for St. Clair Energy Centre - Invenergy, LLC (“Invenergy”) announced the successful refinancing of the St. Clair Energy Centre (“St. Clair”), a 584 MW combined cycle, natural gas-fired energy generation facility in Ontario, Canada - InvenergyLLC.com
Invenergy Closes Refinancing for St. Clair Energy Centre

 

NewswireToday - /newswire/ - Chicago, IL, United States, 2013/09/03 - Invenergy, LLC (“Invenergy”) announced the successful refinancing of the St. Clair Energy Centre (“St. Clair”), a 584 MW combined cycle, natural gas-fired energy generation facility in Ontario, Canada - InvenergyLLC.com.

   
 
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St. Clair Energy Centre is located near the town of Sarnia, approximately seventy miles northeast of Detroit, Michigan. St. Clair is jointly owned by affiliates of Invenergy and Stark Investments. The facility is operated and maintained by Invenergy Services Canada ULC, an affiliate of Invenergy.

Royal Bank of Canada (RBC) and Union Bank served as Joint Book Runners for the transaction, with RBC acting as the Administrative Agent. Natixis, Bayern LB, and Sumitomo Mitsui Banking Corporation, in addition to RBC and Union Bank, were Joint Lead Arrangers for the financing. Royal Bank of Scotland, Siemens Financial Ltd., Nord LB, Helaba, and Mizuho Bank also were lenders to the transaction.

"We thank these participating banks for recommitting to the financing of this project. Their support underscores the confidence by our broad-based lender group in the St. Clair project and in our operating and asset management capabilities,” said Jim Murphy, Chief Financial Officer and Chief Operating Officer of Invenergy.

About Invenergy

Invenergy and its affiliated companies develop, own and operate large-scale renewable and other clean energy generation facilities. North America’s largest independent wind power generation company, Invenergy is committed to clean power alternatives and continued innovation in electricity generation. The company’s home office is located in Chicago and it has regional development offices throughout the United States and in Canada and Europe.

Invenergy (invenergyllc.com) has developed more than 7,100 MW of clean energy projects that are in operation, in construction, or under contract, including 58 wind, solar, and natural gas power facilities. This includes 2,275 MW of natural gas fired facilities in Canada and the United States, with an additional 584 MW generation facility under construction in Illinois.

 
 
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Written by / Agency / Source: Invenergy, LLC / Invenergy Services

 
 

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Invenergy Closes Refinancing for St. Clair Energy Centre

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Publisher Contact: Alissa Krinsky - InvenergyLLC.com 
312-582-1554 akrinsky[.]invenergyllc.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Invenergy, LLC / Invenergy Services securities in any jurisdiction including any other companies listed or named in this release.

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