Business
Fiera Infrastructure Private Debt Closes Project Financing Agreement with Pine Creek Renewables
Fiera Infrastructure Private Debt Closes Project Financing Agreement with Pine Creek Renewables ...
About this update from Fiera Capital Corporation Class A
[{"type":"text","content":"\n \n \n \n Fiera Infrastructure Private Debt Closes Project Financing Agreement with Pine Creek Renewables\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 Facility to Support Pine Creek Renewables' Growing Portfolio of Renewable Natural Gas projects across the U.S.\n \n \n \n \n \n \n MONTREAL\n \n and\n \n NEW YORK\n \n \n ,\n \n \n Aug. 24, 2023\n \n \n /CNW/ - Fiera Infrastructure Private Debt is pleased to announce the closing of a senior secured credit facility to Pine Creek Renewables, the developer, owner, and operator of a growing portfolio of renewable natural gas (\"RNG\") projects.  The facility will support the construction and operation of three RNG projects, which have all secured offtake contracts.\n \n \n Fiera Infrastructure Private Debt led the investment, partnering alongside Foundation Credit who also invested in the facility for their infrastructure debt strategy, Foundation Infrastructure Opportunities.\n \n \n The proceeds will support the construction and operation of three RNG projects located at two landfills and one anerobic digestor, located in the western U.S.  As the waste at these sites decomposes, it naturally produces methane, a greenhouse gas.  The Pine Creek projects will capture the methane and covert it to pipeline quality natural gas. In addition to producing gas, the projects will generate environmental attributes.\n \n \n \n About Pine Creek RNG\n \n \n \n Pine Creek RNG, the RNG division of Pine Creek (\n \n www.pinecreek.com\n \n ), is an RNG producer that develops, owns, and operates RNG facilities across the U.S. Industry leading owners of landfills and industrial digesters work with Pine Creek to convert sources of raw biogas into low carbon fuels. Pine Creek's executive team is comprised of industry veterans with decades of experience in energy and technology, deep market knowledge, and know-how. Driven by a culture of collaboration and partnership, Pine Creek and its people are committed to creating value through positive environ...