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Innergex Renewable Energy extends its C$425 million revolving credit facility

Date Closed

June 17, 2013

Lead Office



425.00 Million CAD

On June 17, 2013, Innergex Renewable Energy Inc. (Innergex or the Company) extended its C$425 million revolving term credit facility with a new five-year term ending in 2018.

The revolving term credit facility serves in part to finance thirteen of the Company's otherwise unencumbered operating facilities, and in part to provide a flexible source of capital to fund the Company's growth. The banking syndicate includes The Toronto-Dominion Bank as administrative agent and lender, Bank of Montreal as syndication agent and lender, and Canadian Imperial Bank of Commerce, Caisse centrale Desjardins, National Bank of Canada, The Bank of Nova Scotia, and Laurentian Bank of Canada, also as lenders.

Innergex, headquartered in Longueuil, Québec, is an independent renewable power producer.

McCarthy Tétrault LLP represented Innergex, with a team led by Richard O'Doherty.