Asset Type | Social Infrastructure |
Status | Operational |
Asset Description | Portfolio of 37 long-term care homes |
Asset Revenues | Long-term care homes are regulated and funded by the provincial governments. Residents are also typically subject to a co-payment. Funding rates are set by the government on an annual basis in each province. |
Counterparty | Provincial health ministries or regional agencies responsible for long term care in each province |
Asset Type | Energy Infrastructure |
Status | Operational (COD in December 2015) |
Asset Description | 40 MW operating wind facility located in Dufferin County, Ontario. The wind facility was developed under Ontario’s Feed-in-Tariff (FiT) program. |
Asset Revenues | 100% of power produced is sold to the IESO under a 20-year Power Purchase Agreement (PPA). |
Counterparty | IESO (rated Aa3 by Moody’s) |
Asset Type | Energy Infrastructure |
Status | Operational (COD between October 2014 and October 2015) |
Asset Description | Three run-of-river hydroelectric facilities located near the Iskut River watershed in Northwestern British Columbia with a total installed capacity of 303 MW. |
Asset Revenues | 100% of power produced is sold to BC Hydro under a fully inflation-indexed 60-year Power Purchase Agreement (PPA). |
Counterparty | BC Hydro (rated Aaa by Moody’s, AAA by S&P, and AA (high) by DBRS) |
PPA Expiry | Between October 2074 and October 2075 (60 years following COD) |
Asset Type | Energy Infrastructure |
Status | Operational |
Asset Description | 270 MW wind farm located in Goderich, Ontario that was jointly developed by Samsung Renewable Energy, Pattern Energy and Capital Power. K2 is one of the two largest operating wind projects in Ontario. |
Asset Revenues | 100% of power produced is sold under a 20-year Power Purchase Agreement. |
Counterparty | Independent Electricity System Operator (IESO) |
PPA Expiry | 2035 (20 years following COD) |