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ATB finances Subra Limited Partnership and Fox Coulee Solar Project

Date Closed

August 4, 2023

Lead Office


On August 4, 2023, ATB Financial completed its financing of Subra Limited Partnership, a wholly owned subsidiary of Neoen S.A., to fund the construction of a 75 megawatt solar photovoltaic power generation plant known as the “Fox Coulee Solar Project.”  When in service, the project will have the potential to power 20,000 homes and prevent the emission of about 70,000 tonnes of CO2 a year.

ATB Financial, headquartered in Edmonton, Alberta, is a financial institution which offers its services across Canada. 

McCarthy Tétrault advised ATB Financial with a team led by Joseph Palin and Audrey Bouffard-Nesbitt that included Amanda Robertson, Ashley Wilson, Ashley Urch, Kim Howard, Kerri Howard, Derek Baker (Business), and Luke Madill (Real Property).