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Client Work

RMSenergy completes US$89 million financing of Nova Scotia wind farm project

Fasken
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Client

RMSenergy Dalhousie Mountain

On February 10, 2009, RMSenergy Dalhousie Mountain LP closed a $89 million secured credit facility for the financing of a 51 megawatt nameplate capacity wind generation project comprised of 34-1.5 megawatt wind turbines located near New Glasgow, Nova Scotia. The project is currently under construction. The project's credit facility was arranged by The Manufacturers Life Insurance Company, acting as agent and lender. RMSenergy Dalhousie Mountain LP's limited partners are Firelight Infrastructure Partners L.P. (whose limited partners are Dundee Realty Corporation and OPTrust Power Fund Holdings Inc.) and RMSenergy Ltd.RMSenergy Dalhousie Mountain LP was represented in Ontario in respect of financing matters by Fasken Martineau with a team that included Ella Plotkin and Marc Lefler.

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