Global Infrastructure SherpaMadawaska Wind project reaches financial close in Québec
274 MW
Capacity
Madawaska Wind project
Project
EDF power solutions Canada, Alliance de l’énergie de l’Est, and Société de gestion éolienne de la Madawaska inc. reached financial close on the 274 MW Madawaska Wind project in Québec.
Get daily onshore wind deal alerts — free, no spam.
Counterparts (10)
Developer
A
Alliance de l’énergie de l’Est
Alliance de l’énergie de l’Est (AEE) is a consortium of 11 First Nations communities in Quebec, Canada, established to promote and facilitate the participation of Indigenous communities in energy development projects within Quebec. Their strategy focuses on partnering with developers and utilities to ensure Indigenous involvement and benefits from renewable energy initiatives, particularly in the wind sector.
EDF power solutions Canada
EDF Renewables Canada is a market-leading independent power producer and service provider, developing and operating onshore wind, offshore wind, solar, and storage projects. The company has developed over 1,990 MW of renewable energy and invested over $5.2 billion in Canada since 2008, with a pipeline exceeding 2,000 MW.
S
Société de gestion éolienne de la Madawaska inc.
Société de gestion éolienne de la Madawaska inc. is a Canadian renewable energy developer focused on wind energy projects in New Brunswick, Canada.
Lender
National Bank of Canada
National Bank of Canada acted as a lender in one verified deal: a $1.5B financing for energy storage in the USA. Their activity is focused on the energy storage technology sector within the United States.
Desjardins Group
Desjardins Group is the largest financial cooperative in North America, offering a full range of financial services including banking, credit, insurance, and investments to individuals and businesses. Operating across Canada and in Florida, the group emphasizes responsible investment and local economic engagement.
Canadian Imperial Bank of Commerce
Canadian Imperial Bank of Commerce (CIBC) is a major Canadian financial institution providing corporate and investment banking services, including project finance, advisory, and capital markets solutions for infrastructure and power projects. The bank is headquartered in Toronto, Canada, with total assets of C$997.7 billion as of Q1 2024.
KfW IPEX-Bank
KfW IPEX-Bank is a specialist financier for international project and export financings within the KfW Bankengruppe, operating globally. It focuses on sustainable projects, strengthening the European and German economy, particularly in energy transition and transport infrastructure.
advisor
B
Blake, Cassels & Graydon LLP
Blake, Cassels & Graydon LLP is a leading Canadian law firm providing legal counsel on complex transactions and projects across the infrastructure, energy, and finance sectors globally. The firm has offices in Canada, the UK, and the US, advising clients on all aspects of project development, financing, and M&A.
Stikeman Elliott
Stikeman Elliott is a leading Canadian business law firm with a global presence, providing comprehensive legal counsel across various sectors, including infrastructure, energy, and project finance. The firm advises on complex transactions, project development, and regulatory matters for clients worldwide.
Sign up free to access full counterpart details, deal analysis, and timeline.
Sign up free →Deal Analysis
EDF power solutions Canada, Alliance de l’énergie de l’Est, and Société de gestion éolienne de la Madawaska inc. reached financial close on the 274 MW Madawaska Wind project in Québec, Canada. This financing involved lenders Desjardins Group, KfW IPEX-Bank, Canadian Imperial Bank of Commerce, and National Bank of Canada. Alliance de l’énergie de l’Est, a consortium of 11 First Nations communities, is a developer, with Hydro-Québec as a parent company.
- 274 MW Madawaska Wind project in Québec reached financial close.
- Developers include EDF power solutions Canada, Alliance de l’énergie de l’Est (11 First Nations communities), and Société de gestion éolienne de la Madawaska inc.
- Lenders include Desjardins Group, KfW IPEX-Bank, Canadian Imperial Bank of Commerce, and National Bank of Canada.
- Hydro-Québec is a parent company for the project.
Source Intelligence
KEY DETAILS
The project has reached financial close.
“
Capacity
274 MW Madawaska Wind project
“
Location
Madawaska Wind project in Québec
“
Signing
6 March 2026
PARTIES MENTIONED IN SOURCE
E
EDF power solutions Canada
developer
"EDF power solutions Canada"
A
Alliance de l’énergie de l’Est
developer
"Alliance de l’énergie de l’Est"
S
Société de gestion éolienne de la Madawaska inc.
developer
"Société de gestion éolienne de la Madawaska inc."
medium quality
Enriched Mar 7, 2026
Timeline
Announced
Mar 6, 2026
Signed
Mar 6, 2026
Closed
Get the full picture — timeline, source intelligence, and counterpart analysis.
Sign up free →