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ATB Financial finances the construction of a 132 MW Alberta Solar Project

Date Closed

July 9, 2020

Lead Office


On July 9, 2020,  ATB Financial, as administrative agent, ATB Financial, Fiera Infrastructure Private Debt Fund LP and TELUS Pensions Liability Hedging Master Trust, as Lenders and Claresholm Solar LP (a partnership between Capstone infrastructure Corporation and Danish renewable energy investment group Obton A/S) entered into a credit agreement providing for the C$130 million financing for the construction of 132-MW Claresholm solar project located in the Municipal District of Willow Creek, Alberta.

Capstone Infrastructure Corporation is an independent power producer focused on providing clean, renewable energy to home and businesses across North America.

McCarthy Tétrault advised ATB Financial with a team led by Joseph Palin that included Audrey Bouffard-Nesbitt, Alison Walker, Cristina Arantes, Kerri Howard, Jamie Gibb and Elizabeth Rafferty.