What's New

This week, Head of Payments at CIBC Capital Markets, Giorgia Anton, joined leaders from banking, technology, fintech, and payments for a panel discussion on how AI is impacting global transaction banking at the BAFT Women in Transaction Banking event in Toronto. The conversation explored the value of AI beyond automation and operational efficiency, highlighting its potential including enabling the next phase of tokenization in the commercial landscape. The panel also discussed data security, including considerations for accountability and liability in the use of AI. CIBC was proud to support the event and Women in Transaction Banking in its mission to empower the next generation of leaders across the transaction banking industry.

Congratulations to rPlus Energies on the successful closing of up to US$450 million of Revolving Credit Facility to support the continued development and construction of its near-term pipeline of solar and energy storage projects across the American West. CIBC Capital Markets is pleased to have acted as Left Lead Arranger, Coordinating Lead Arranger, and Administrative Agent for the facility.

Congratulations to Fengate Asset Management Inc. ("Fengate") on entering into a definitive agreement to sell its 100% interest in an 892 MW portfolio of three natural gas-fired cogeneration facilities to Energy Capital Partners ("ECP"). The portfolio is comprised of the Freeport Energy Center and Oyster Creek Cogeneration facilities in Freeport, TX, and the Morris Cogeneration facility in Morris, IL. The three cogeneration facilities serve as primary sources of process steam and electricity for two critical integrated petrochemical complexes in the United States. The transaction marks one of the largest privately-held cogeneration portfolios sold in the U.S. CIBC Capital Markets is pleased to have acted as Exclusive Financial Advisor to Fengate Asset Management.

BBGi Global Infrastructure has announced a successful C$790 million dual-tranche senior secured notes offering. CIBC Capital Markets is proud to have supported BBGi on its inaugural Canadian debt capital markets issuance, acting as Joint Lead Agent, Joint Bookrunner, Hedge Counterparty and Mandated Lead Arranger.

Last week, CIBC Capital Markets joined the Greater NYC Women’s Energy Network Gala in New York, marking 10 years of advancing connection, mentorship and opportunity for women across the energy and infrastructure sectors. CIBC's Emma Raine, Executive Director, Project Finance & Infrastructure, delivered welcome remarks highlighting the importance of investing in leadership at every career stage.

OTG Concessions Management has successfully closed a US$375 million financing in connection with various growth capital initiatives; including its acquisition of OHM Concession Group, another leading airport food & beverage concessions operator in North America. CIBC is pleased to have acted as Lead Arranger, Joint Bookrunner, Sole LC Issuing Bank, Hedge Coordinator, Administrative Agent, and Collateral Agent. As a leading provider of infrastructure and project finance solutions, CIBC is proud to support OTG’s continued growth and expansion across the North American airport concessions market.

Veritas Capital has entered into a definitive agreement to acquire BGIS and has acquired Saber Power and Trinity Consultants. CIBC Capital Markets is proud to have served as Initial Joint Lead Arranger and Joint Bookrunner to BGIS; Joint Lead Arranger and Joint Bookrunner to Saber Power; and Financial Advisor to Veritas on the acquisition of Trinity Consultants. Together, the transactions represent the Firm’s inaugural activity with Veritas and highlight CIBC’s growing momentum with a marquee financial sponsor and continued momentum in Global Leveraged Finance, Industrials Investment Banking and Financial Sponsor coverage.

CIBC Capital Markets’ Sanchita Thaker, CFA and Mathy Udayachandran will be among the panelists discussing the growth of storage deployment across Europe and how financing approaches are adapting to evolving revenue models at the Energy Storage Summit Europe 2026. The event is taking place on Thursday October 29 in Munich, Germany and will bring together policymakers, investors, utilities, and technology leaders to accelerate the role of battery storage in Europe’s energy transition.

Clearway Energy Group has successfully completed a US$1.5 billion financing for the construction of Swan Energy Center, a 650 MW solar facility located in Northwestern Bates County, Missouri. Developed to provide reliable, carbon-free energy and support regional load growth, the project is expected to generate enough electricity annually to serve approximately 200,000 homes. CIBC Capital Markets is pleased to have acted as Coordinating Lead Arranger, Administrative Agent, Sole LC Issuing Bank and Hedge Coordinator. As a leader in North American project finance and renewable energy financing, CIBC is pleased to help advance transformative energy infrastructure that supports both the clean energy transition and local economic development.

CIBC Capital Markets' Meadow W. will join other industry professionals on October 21 at the 2026 Global Data Centre & Cloud Expo in Canada, and will be moderating the panel discussion on "Financing the Future: Why Digital Infrastructure Has Become Mission Critical"

Altia Energy has successfully completed its acquisition of a 219 MW renewable generation portfolio from Isagen in Colombia. The acquisition doubles Altia Energy's installed capacity and diversifies its generation mix by adding 119 MW of hydroelectric capacity and 100 MW of solar capacity, strengthening its presence in Colombia's power sector. CIBC Capital Markets is pleased to have acted as buy-side M&A advisor to Altia Energy and supported the company with the acquisition financing.

Portakabin Limited has successfully completed a £1,865 million senior secured infrastructure-style refinancing to repay existing indebtedness, diversify funding sources through a combination of private placement investors and relationship banks, and support the Company's long-term growth and investment strategy. Portakabin is a leading lessor of premium modular building solutions, holding the number one market position in the UK and Ireland and a top-three position in Western Europe, serving critical end markets including education, healthcare, public infrastructure and commercial and industrial sectors. CIBC Capital Markets is pleased to have acted as Arranger and Hedge Counterparty

Earlier this month, CIBC Capital Markets’ Dominik Kania, CFA shared a lender’s perspective at a “Credit Fund NAV, ABL and Securitisation” panel at NAVigate 2026, an annual conference hosted by Haynes Boone and Walkers in London. The discussion touched on bank vs. non-bank capital solutions, growing role of the capital markets, continued growth of NAV as a later-stage liquidity tool, and the panel’s predictions for 2030. Joined by Colin Stewart of Arcmont Asset Management, Naoki Ohta of Velocity Capital Advisors, Andrew Traynor and Julia Keppe of Walkers, the panel explored both the challenges and the opportunities in what is this fast-evolving financing market.

CIBC Capital Markets' Jeff Appleby will join other panelists and industry professionals at SenbriGe 2026 in Toronto, to share insights on how demographic shifts, investor activity, and evolving financing conditions and care models are expected to shape the seniors living sector over the next 15 years.

energyRe has successfully completed a US$815 million construction-to-term financing for utility-scale solar projects. This financing package is comprised of five projects based in South Carolina – a collection of utility-scale solar projects totaling approximately 360 megawatts of new generating capacity across the Palmetto State. The financing is a giant step toward energyRe's goal of investing $2 billion in South Carolina by 2030. CIBC Capital Markets is pleased to have acted as one of the Coordinating Lead Arrangers. We are proud to have supported energyRe as it advances one of the most significant utility-scale solar portfolios in South Carolina, expanding critical energy infrastructure and helping drive the transition to a more reliable and sustainable power system.