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EDPR closes Asset Rotation deal for a 1.6 GW portfolio in US

Congratulations to EDP Renewables on the agreement to sell a 49% common equity stake in a 1.6 GW utility scale U.S. renewables portfolio to a fund managed by the Ares Infrastructure Opportunities strategy. The portfolio includes 10 assets that aggregate to 1,632 MW of capacity across four U.S. power markets, with an estimated enterprise value of ~US$2.9 billion for 100% of the portfolio. CIBC Capital Markets is pleased to have acted as Exclusive Financial Advisor to EDPR.
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Infinis secures £391 million financing package to power next phase of renewable growth

Congratulations to our client, Infinis, on securing a £391m refinancing package. Infinis is the UK's largest generator of low-carbon electricity from landfill methane alongside its rapidly growing portfolio of solar and battery projects. The financing supports Infinis’ growth strategy as the company expands its low-carbon generation platform through new projects. CIBC Capital Markets is pleased to have acted as Arranger, building on CIBC’s credentials in the European Energy Transition space.
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Bluecurrent secures NZ$2.5b Climate Bonds Certified green loan

Congratulations to Bluecurrent for securing a NZ$2.5 billion climate bonds certified green loan to drive growth in electricity smart metering and digital water metering. Bluecurrent is one of the leading smart metering provider in Australia and New Zealand with over 2.7 million meters under management. This transaction aligns with our new loan syndication strategy in APAC, delivering another lead role in Australia, and continues our longstanding global relationship with Queensland Investment Corporation (QIC). CIBC is pleased to have acted as Mandated Lead Arranger and Bookrunner on the transaction.
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