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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
HSBC, TD Bank Provide $53MM Green Loan Financing to Creative Energy Developments
Thursday, October 14, 2021
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Lenders/Participants
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HSBC Bank Canada [Lead Lender]
TD Bank [Lead Lender]
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Structure
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Green Loan
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Amount
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$53.000
Million
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Borrower(s)
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Creative Energy Developments
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Description
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A $53 million credit facility, which includes the refinancing of $28 million of existing debt and a new $22 million green loan facility. The financing will support Creative Energy’s future low-carbon projects in Vancouver and Toronto, including an ocean-exchange district energy system at Horseshoe Bay Sanctuary and a new district cooling system for Main Alley in Vancouver, as well as a neighborhood energy system and microgrid that will provide heating, cooling and power to the 100% rental Mirvish Village project in Toronto, among others.
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Industry
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Energy
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| Related Tags |
HSBC Bank Canada, TD Bank
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ABL Advisor
Deal Tables
2024
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