Renewable Energy Power Generation (Wind and Solar Power Generation) Project in Canada
- Area: North America
- [Project Finance]
||Build and operate three wind power stations (combined capacity: 248MW) and two solar power stations (combined capacity: 20MW) in Ontario and British Columbia, Canada, and sell the electricity generated under various 20-year contracts.
|Loan Target Projects
||Erieau Wind Power Generation Project, Brockville Solar Power Generation Project, Beckwith Solar Power Generation Project (Ontario), Cape Scott Wind Power Generation Project (British Columbia)
||C2C Power Financing 3 LP incorporated in Canada
||December 14, 2012
||Mitsui & Co., Ltd. (Mitsui), GDF Suez Canada Inc., Fiera Axium Wind LP
|Related Japanese Companies
||Mitsui, The Bank of Tokyo-Mitsubishi UFJ, Ltd., Mizuho Corporate Bank, Ltd., Sumitomo Mitsui Banking Corporation
|Total Cofinancing Amount
||795 million Canadian dollars
|JBIC Loan Amount
||477 million Canadian dollars
- This project is a form of overseas integrated infrastructure system deployment project in which Mitsui participates as an equity holder, and engages in the long-term operation and maintenance of renewable energy power stations.
- This is the first renewable energy power generation project in which JBIC is providing loans denominated in the local currency (Canadian dollar) for several projects, based on a limited recourse finance scheme.
- This project will strengthen the international competitiveness of Japanese companies by supporting their overseas business activities in the renewable energy sector, which is expected to expand.