| Asset Type | Energy Infrastructure (District heating & cooling) |
| Status | Operational (generation unit COD between 1980 and 2017) |
| Asset Description | Tri-generation energy complex located in Boston’s Longwood Medical and Academic Area (LMA). Medical Area Total Energy Plan (MATEP) provides 100 MW of electricity capacity, 1,000,000 lbs / hr of steam capacity, and 41,000 tons chilled water. |
| Asset Revenues | Revenues derived from long-term utilities contracts with hospitals and medical institutions located in the LMA, including six hospitals affiliated with Harvard University. |
| Counterparty | Institutes affiliated with Harvard Institutes of Medicine (Boston Children’s Hospital, Brigham & Women’s Hospital, Beth Israel, Dana-Farber Cancer Institute, Harvard Medical School, Joslin Diabetes Center) (Average credit rating of AA-) |
| Contract Expiry | 2051 (~33 years following acquisition closing) |
| Asset Type | Energy Infrastructure |
| Status | Operational (COD between November 2012 and October 2014) |
| Asset Description | Eight solar PV facilities in Ontario totalling 105.5 MWdc of aggregate generation capacity located in the municipalities of Brockville, Ottawa, Temiskaming, Mississipi Mills, and South Stormont. The installations were developed under the Ontario government's Feed-in-Tariff (FiT) program. |
| Asset Revenues | 100% of power produced is sold under 20-year Power Purchase Agreements (PPAs) |
| Counterparty | IESO |
| PPA Expiry | 2032 and onward (20 years following 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 |
