Date Closed

June 30, 2021

Lead Office

Calgary

Value

105.00 Million CAD

On June 30, 2021, ATB Financial and Fiera Capital completed the financing of Maxim Power’s coal to combined cycle gas conversion project. The conversion of this previously coal fired power project to an efficient clean burning natural gas combined cycle power project is assisting the Province of Alberta of achieving its low carbon emission goals.

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

Fiera Capital, headquarter in Montreal, Quebec, is an independent asset management firm which delivers solutions across public and private market asset classes.

Maxim Power is an independent power producer located in Alberta, focused on natural gas-fired power generation assets.

McCarthy Tetrault advised ATB Financial and Fiera Capital with a team led by Joseph Palin which included Audrey Bouffard Nesbitt (Financial Services) and Sydney Hamilton (Financial Services).