| Asset Type | Energy Infrastructure |
| Status | Under construction (commercial operations in 2023) |
| Asset Description | CPV Three Rivers is a 1,258 MW combined cycle power generation project located in northeastern Illinois, within the ComEd load zone of PJM. The project issued NTP in late August 2020, with commercial operations anticipated in Q2 2023. |
| Asset Revenues | Project will generate revenue by participating in PJM’s energy and capacity markets. Roughly 90% of the Project’s gross energy margin is secured for the first five years of operations through Power Price-Based Gas Supply Agreements whereby the project purchases gas at a fixed percentage of day ahead electricity prices. |
| Counterparties | Capacity & Energy Revenue – PJM ISO, Power Price-Based Gas Supply – Morgan Stanley and Advantage Oil & Gas |
| 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 |
| Asset Description | Three solar PV facilities (Amherstburg, Belmont and Walpole) with 65.7 MWdc of aggregate generation capacity. Projects were developed by First Solar and GE Energy Financial Services under the Ontario government’s RESOP program. |
| Asset Revenues | 100% of power produced is sold under 20-year Power Purchase Agreements (PPAs) |
| Counterparty | IESO |
| PPA Expiry | 2013 and onward (20 years following COD) |
| Asset Type | Transportation infrastructure |
| Status | Operational (COD in October 2007) |
| Asset Description | Design, construction, financing and operation of 11km of new four and six-lane divided roadway forming the southeast quadrant of a larger ring road around the City of Edmonton, as well as maintenance of the existing southwest portion of the highway |
| Counterparty | Province of Alberta |
| Concession Expiry | 2037 (30 years following COD) |
| Asset's Website | For more information visit: www.lafargeinfrastructure.ca/Index.aspx |
No Comments