| Asset Type | Energy Infrastructure |
| Status | Operational (COD in October 2012) |
| Asset Description | 80 MW wind farm located in the municipality of Saint-Robert-Bellarmin, Québec. The project was developed by EDF EN Canada, and is fully contracted under a 20-year Power Purchase Agreement with Hydro-Québec. |
| Asset Revenues | 100% of power produced is sold under a 20-year Power Purchase Agreement. |
| Counterparty | Hydro-Québec |
| PPA Expiry | 2032 (20 years following COD) |
| Asset Type | Transportation infrastructure |
| Status | Operational |
| Asset Description | Highway 407 is the world’s first all-electronic, open-access toll highway, stretching 108 kilometers from the west to the east of the Greater Toronto Area. The highway forms part of the 400-series highways, serving as a bypass of Highway 401 and a major east-west corridor across the suburbs to the north of the city. |
| Asset Revenues | 100% toll-based (all-electronic tolling) |
| Concession Expiry | 2098 (concession term: 99 years) |
| Project Website | For more information visit: www.407etr.com |
| 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 (Solar + Battery Storage) |
| Status | EdSan1A in operation (full COD Q3 2022) and EdSan1B closed at full COD in Q4 2023) |
| Asset Description | 346 MW solar + 1,505 MWh battery storage (EdSan1A) and 410 MW solar + 1,786 MWh battery storage (EdSan1B), the two projects are located in southern California and are expected to be the largest solar + storage project in the U.S. on a combined basis. EdSan1A reached COD from Aug. 2021 – Sept. 2022 and EdSan1B reached COD in late 2023. The projects benefit from a diverse set of revenue contracts, in addition to a partner who is the O&M provider and asset manager, creating alignment of interests. |
| Asset Revenues | The project has a diverse set of 15+ revenue contracts, including for solar electricity and RECs, as well as capacity contracts. Offtakers include investor-owned utilities, corporations, and community choice aggregators. |
| Contract Expiry | Project offtake agreements terminate in 7-15 years, with the projects earning revenue on a merchant basis thereafter. |
