Invenergy Wind has arranged project financing for its 21.15 MW Le Plateau 2 wind farm, which is currently under construction in Quebec.
According to Invenergy, the New York branch of Bayerische Landesbank acted as the sole lead Arranger, administrative agent and lender for the transaction. Financial terms were not disclosed.
Le Plateau 2, located approximately 300 miles east of Quebec City, will be powered by 9 Enercon E-92 wind turbines. Hydro-Quebec Distribution has agreed to purchase the project's output for 20 years.
Located near Invenergy's 138.6 MW Le Plateau wind farm, which commenced operations in 2012, Le Plateau 2 is expected to be commercially operational in December.