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Astoria phase II US$160.4 million project deal completed

Date Closed

July 11, 2008

Lead Office

Québec City

Value

160.40 Million USD

On July 11, 2008, Caisse de dépôt et placement du Québec  Investments (U.S.) Inc., SNC Lavalin Generation Inc., EIF Astoria IV, LLC, JEMB Astoria II LLC, AE Investors II LLC and Suez Energy Astoria II completed a US$160.4 million deal concerning a project for the development, ownership, construction, operation and maintenance of a combined-cycle electric generating facility of approximately 500 MW net capacity in Queens, New York. This deal concerns Phase II of the previous Phase I Astoria deal (2003).

McCarthy Tétrault LLP represented CDPQ Investments, with a team that included Kim Thomassin, Marc Dorion, Marc-André Laflamme,  and Pierre-Hughes Vallée.

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