Asset Type | Energy Infrastructure (100% wind) |
Status | Operational |
Asset Description | 1,062 MW diversified portfolio of 7 wind assets. The portfolio is located in 3 states in the US. The portfolio has a weighted average operational age of 7 years and strong historical availability. 65% of capacity is currently contracted under long term offtake agreements. |
Asset Revenues | The assets are primarily contracted under long-term PPAs with high-grade utility and corporate counterparties that bear a weighted average credit rating of A. Part of the portfolio currently operates on a merchant basis. |
Contract Expiry | Portfolio has remaining average off-take tenor of 7 years with assets earning revenue on a merchant basis or through new long-term agreements thereafter. |
Asset Type | Energy Infrastructure |
Status | Under construction |
Asset Description | Option to acquire a 50% leasehold interest at value of asset construction cost upon completion of a project which will replace an existing transmission line with a new double-circuit 220kV line along a 48-mile corridor in Southern California; project will increase the line capacity from 1,600 to 4,800 MW, allowing California to unlock more solar generation and meet its renewable portfolio standards. |
Asset Revenues | Rate base revenue mechanism paid from the pooled revenues collected by the California Independent System Operator from market participants. |
Counterparties | Morongo Band of Mission Indians California Independent System Operator (CAISO) Southern California Edison (SCE) |
Contract Expiry | 30 years from COD |
Asset Type | Energy Infrastructure |
Status | Operational (COD in 1884) |
Asset Description | Upper Peninsula Power Company (UPPCO) is the largest electric utility in Michigan’s Upper Peninsula serving 53,000 electric customers in the region. UPPCO’s asset base is comprised solely of generation and distribution assets, including 4,500 distribution line miles, 50 substations, and 57MW of owned generating capacity coming largely from seven hydroelectric facilities located in the Upper Peninsula. UPPCO also plans to begin building a 60MW utility scale solar asset in 2022. The Company is rate-regulated by the Michigan Public Service Commission. |
Asset Revenues | Rate base revenue mechanism paid by residential, industrial, commercial and municipal electricity customers in its service territory. |
Counterparties | Michigan Public Service Commission |
Asset Type | Social infrastructure |
Status | Operational |
Project Description | Project involves the design, construction, financing and operation of a 68,500 m2 state-of-the-art clinical research centre facility focused on innovation, non-invasive human exploration and knowledge transfer for health care services and teaching. |
Asset Revenues | 100% availability-based (no exposure to volume / market risk) |
Counterparty | CHUM Hospital (payments supported by the province of Québec) |
Concession Expiry | 2043 |
Asset Website | For more information, visit: http://crchum.chumontreal.qc.ca/en |