DECEMBER 20, 2024 – AXIUM INFRASTRUCTURE FINALIZES THE ACQUISITION OF AN EQUITY INTEREST IN TWO OPERATIONAL WIND PROJECTS
Toronto, ON – Axium Infrastructure (Axium) is pleased to announce that one of its managed funds, together with Nova Scotia Pension Services Corporation (NS Pension), have finalized the acquisition of a 49% interest in a portfolio of two operational wind projects from Capital Power Corporation (Capital Power). The 246 MW portfolio comprises the 142 MW Quality Wind Project located in British Columbia and the 104 MW Port Dover and Nanticoke Wind Project located in Ontario. 100% of the power produced by the projects is sold to BC Hydro and the Independent Electricity System Operator (IESO) under long-term Power Purchase Agreements.