| Asset Type | Energy Infrastructure |
| Status | Operational (COD in August 2011 for Copper Crossing and November 2010 for Dry Lake II) |
| Asset Description | 50% interest in a portfolio of two operating renewable projects, one 65.1 MW wind farm (Dry Lake II) and one 23 MWdc solar farm (Copper Crossing), both located in Arizona and fully contracted under long- term PPAs. |
| Asset Type | Energy Infrastructure (Transmission Line and Station) |
| Status | Under Final Development (COD expected by end of 2027) |
| Asset Description | 10 km double-circuit 230kV transmission line and 230kV transformer station located within the city of Sault Ste. Marie. Among other connections, this asset will power Algoma Steel Inc. (large Canadian steelmaker)’s transition from using coal to clean electricity (via electric arc furnaces) and reduce its CO2 emissions by 70% (3 million tons annually). |
| Asset Revenues | The asset will be governed under the Ontario regulatory utility framework through which it will be entitled to recover all prudently incurred costs plus a regulated return on its debt and equity through a performance based ratemaking scheme. |
| Counterparty | Settlement counterparty: IESO (rated Aa3 by Moody’s) Regulator: Ontario Energy Board |
| Asset Type | Transportation infrastructure |
| Status | Operational (construction completed in June 2010) |
| Asset Description | Capacity and safety improvements to the 100km of roadway between West Vancouver and Whistler, as well as the design, construction, financing, operations, maintenance and rehabilitation of the two to four-lane roadway. |
| Asset Revenue | Availability, usage, and safety payments |
| Counterparty | Province of British Columbia |
| Concession Expiry | 2030 (concession term: 25 years) |
| Asset Website | For more information visit: https://www.tranbc.ca/2011/12/21/the-sea-to-sky-highway-award-winning-safety/ |
| Asset Type | Energy Infrastructure (Solar Power) |
| Status | Operational |
| Asset Description | 691 MWdc / 465 MWac operational solar project located in southern Alberta. The project utilizes monocrystalline silicone bifacial modules supplied by JinkoSolar with single-axis trackers by NEXTracker. The project also includes an expansion opportunity representing an additional 124 MWdc / 83 MWac which is in its early development stage. |
| Asset Revenues | The project has a 15-year PPA with Amazon for 400 MW at a fixed tariff rate, which represents 86% of the capacity. The PPA includes the environmental attributes associated with the contracted production. The project will maintain a 14% merchant exposure to energy and carbon credits over the PPA period |
