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Fiera Infrastructure Private Debt Closes Financing Agreement with Greenalia
Fiera Infrastructure Private Debt Closes Financing Agreement with Greenalia Canada News...
About this update from Fiera Capital Corporation Class A
[{"type":"text","content":"\n \n \n \n Fiera Infrastructure Private Debt Closes Financing Agreement with Greenalia\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n Financing supports Greenalia's push into the U.S. market and buildout of its renewable pipeline\n \n \n \n \n \n \n MONTREAL\n \n and\n \n NEW YORK\n \n \n ,\n \n \n March 19, 2024\n \n \n /CNW/ - Fiera Infrastructure Private Debt (\"\n \n Fiera\n \n \") is pleased to announce it joined the financing solution that Greenalia S.A. (the \"\n \n Company\n \n \" or \"\n \n Greenalia\n \n \"), a leading Spanish developer of renewable power projects, recently announced in February.\n \n \n As part of a tailored structure that combines both bank and private credit capital, Fiera's investment contributes to the close of\n \n USD$200 million\n \n of three-year credit facilities (the \"\n \n Facilities\n \n \") supporting the development of Greenalia's solar and wind project pipeline in the U.S.\n \n \n The borrower, Greenalia Power US Advanced II, LLC (\"\n \n Greenalia US\n \n \"), is a subsidiary of Greenalia that acquires, develops, constructs, and operates utility-scale solar, wind and energy storage projects in the U.S. Proceeds from the Facilities will enable Greenalia US to finance project equipment, as well as other development and construction expenses, helping to accelerate the development of its portfolio.\n \n \n Fiera was pleased to work with PEI Global Partners, Exclusive Financial Advisor to the Company and Nomura Securities International, Inc.\n \n \n \n About Greenalia S.A.\n \n \n \n Greenalia S.A. is a global renewable focused independent power producer (IPP) and the parent company of Greenalia Power US Advanced II, LLC. The Company uses wind, sun, and forestry biomass from certified plantations' remains to generate and store energy in harmony with nature, providing employment and innovation across\n \n Europe\n \n and\n \n the United States\n \n . The Company's main activity is the generation of renewable energy, being present in six technolog...