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Cordelio Sells 49 pct Stake in Ontario Renewable Power Portfolio (M&A)
Cordelio Power,Axium Infrastructure
Date: 2021-01-22
Toronto, Ontario-based Cordelio Power and Axium Infrastructure are reporting Axium's purchase of a 49 pct interest in Cordelio's 396 MW "Denfield" Ontario renewable energy portfolio of four wind projects and two solar projects in southwestern Ontario. Cordelio will continue to manage the Denfield assets.

Cordelio, which is wholly owned by CPP Investments, manages over 1,000 MW of renewable generation assets across North America, including 396 MW of wind and solar projects in Ontario plus a 656 MW (net) wind and solar portfolio stake owned by Canada Pension Plan Investment Board. The company's growth pipeline includes 2,500 MW of wind, solar and storage projects in the western and midwestern US.

Axium Infrastructure had $5.6 billion (Cdn) in assets under management as of September 30, 2020, as well as approximately $1.7 billion in co-investments. (Source: Cordelio Power, Website PR, Jan., 2021) Contact: Axium Infrastructure Inc., Anne-Sophie Roy, Senior VP Inv. Relations, 514-954-3781,,; Cordelio Power, 647-515-3337, 647-352-9533,,

More Low-Carbon Energy News Cordelio Power,  Wind,  Solar,  Renewable EnergyAxium Infrastructure ,  

EDPR Unloads 499MW Stakes in N. Am. Wind Projects (M&A)
Axium Infrastructure,EDPR
Date: 2019-01-04
Houston-headquartered EDPR Renewables North America reports the sale of 80 pct stakes in three wind farms totaling 499MW to Axium Infrastructure for $860 million.

The sale includes the: 200MW Meadow Lake 6 facility in Indiana and;and the 100MW Nation Rise project due online in Q4 of this year in Canada. EPDR completed the sale of 75 pct of Nation Rise with the other 5 pct to be sold when the project starts operations. (Source: EDPR Renewables,, 2 Jan., 2019) Contact: EDP Renewables North America, Miguel Prado, CEO, (713) 265-0350 - Houston, +351 21 001 25 00,; Axium Infrastructure, Anne-Sophie Roy, (514) 954-3781,,

More Low-Carbon Energy News Axium Infrastructure,  EDPR,  Wind,  

Pattern Selling Ontario Wind Farm Stake for $165Mn (M&A)
Pattern Energy, Axium Infrastructure
Date: 2018-11-14
San Francisco-based Pattern Energy Group Inc eports it will sell its 90-MW interest in the 270-MW, K2 wind farm in Ontario for $216 million (Cdn) ($164.8 million US) to a consortium led by Axium Infrastructure. The deal is expected to close before the year end.

The K2 wind power facility, located in the Township of Ashfield-Colborne-Wawanosh, was a joint venture between Pattern Energy, an Axium-led consortium and Capital Power Corporation. (Source; Pattern Energy, Nov., 2018) Contact: Pattern Energy Group, Mike Garland, CEO, Matt Dallas, (917) 363-1333,,; Axium Infrastructure, Anne-Sophie Roy, (514)954-3781,,

More Low-Carbon Energy News Pattern Energy,  Wind,  Axium Infrastructure,  

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