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Home / Deals / Onshore Wind / Madawaska Wind project reaches financial close in Québec

Madawaska Wind project reaches financial close in Québec

Financing Onshore Wind announced Canada Mar 6, 2026
274 MW
Capacity
financial close
Stage
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.

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Counterparts (10)

Developer
A
Alliance de l'énergie de l'Est
company
Alliance de l'énergie de l'Est is an industry alliance based in Eastern Quebec, Canada, comprising municipalities, Indigenous communities, and businesses. Formed in 2018, it advocates for major energy infrastructure projects, primarily the GNL Québec natural gas liquefaction plant and Gazoduq pipeline.
EDF power solutions Canada
company
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.
company
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
company · 1 deals
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
company
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
company
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
company
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.
parent_company
Hydro-Québec
company
Hydro-Québec is a large public utility that generates, transmits and distributes electricity. It focuses on hydropower generation and is expanding into new markets and technologies, including battery storage and transmission infrastructure.
advisor
B
Blake, Cassels & Graydon LLP
company
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
company
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.

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Source Intelligence

“
Capacity
274 MW Madawaska Wind project
“
Location
in Québec
“
Announcement
6 March 2026
PARTIES MENTIONED IN SOURCE
E
EDF power solutions Canada developer

"EDF power solutions Canada, Alliance de l’énergie de l’Est, and Société de gestion éolienne de la Madawaska inc. have reached financial close on the 274 MW Madawaska Wind project"

A
Alliance de l'énergie de l'Est developer

"EDF power solutions Canada, Alliance de l’énergie de l’Est, and Société de gestion éolienne de la Madawaska inc. have reached financial close on the 274 MW Madawaska Wind project"

S
Société de gestion éolienne de la Madawaska inc. developer

"EDF power solutions Canada, Alliance de l’énergie de l’Est, and Société de gestion éolienne de la Madawaska inc. have reached financial close on the 274 MW Madawaska Wind project"

low quality Enriched Mar 8, 2026

Timeline

Announced
Mar 6, 2026
Signed
Closed

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Source

cleanenergypipeline.com
View Full Deal Details

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