TORONTO, Sept. 10, 2025/ PRNewswire/ – Connor, Clark && Lunn Facilities (CC&L Facilities) is happy to reveal the current closing of more than US$ 200 million in bank funding with a distribute of global organizations, consisting of CIBC, MUFG, Desjardins Group, and SuMi TRUST, throughout its portfolio of United States sustainable power jobs.
The portfolio, which was gotten in 2021 along with Program de Rentes du Mouvement Desjardins and Desjardins Financial Security Life Guarantee Business, both part of Desjardins Group, represents more than 560 megawatts (MW) of set up capability. This consists of a 200 MW solar task in Indiana, in addition to 4 wind farms situated in Indiana, Wisconsin, Oklahoma, and Ohio with an aggregate set up capability of more than 360 MW. Each property is totally contracted through long-lasting power purchase arrangements with top quality offtakers, and the portfolio offers geographically varied direct exposure to 3 unique United States electrical power markets.
” The conclusion of this refinancing marks a significant accomplishment by our property management group,” stated Moira Turnbull-Fox, Head of Possession Management for CC&L Facilities. “It shows our proactive method to monetary optimization and worth production. By leveraging the strength of our existing possessions and relationships, we have actually effectively protected an appealing funding bundle that is accretive to worth. These efforts line up with our disciplined financial investment method, guaranteeing long-lasting worth for our financiers.”
CC&L Facilities owns more than 2 gigawatts of gross sustainable power capability worldwide, varied throughout a range of energy markets, agreement counterparties, regulative jurisdictions and innovations (i.e. wind, solar and hydro). In aggregate, CC&L Facilities has actually closed over $ 5 billion in sustainable power financial obligation fundings over the last few years.
National Bank of Canada Capital Markets worked as monetary consultant to CC&L Facilities on the funding, Torys LLP served as customer’s counsel, and Winston & & Strawn LLP served as lending institution’s counsel.
About Connor, Clark & & Lunn Facilities
CC&L Facilities purchases middle-market facilities possessions with appealing risk-return qualities, long lives and the prospective to produce steady capital. To date, CC&L Facilities has actually collected roughly $ 7 billion in possessions under management varied throughout a range of locations, sectors and property types, with more than 100 underlying centers throughout 35 specific financial investments. CC&L Facilities belongs of Connor, Clark & & Lunn Financial Group Ltd., a multi-boutique property management company.
About Connor, Clark & & Lunn Financial Group Ltd.
Connor, Clark & & Lunn Financial Group Ltd. (CC&L Financial Group) is a separately owned, multi-affiliate property management company that offers a broad variety of conventional and alternative financial investment management options to institutional and specific financiers. CC&L Financial Group brings considerable scale and knowledge to the shipment of non-investment management functions through the centralization of all functional and circulation functions, enabling gifted financial investment supervisors to concentrate on what they do best. CC&L Financial Group’s affiliates handle over $ 154 billion in possessions. For more details, please visit cclgroup.com.
SOURCE Connor, Clark & & Lunn Facilities