Both
Japanese
conglomerate
Mitsui
and
a
consortium
led
by
Canadian
private-equity
firm
Fiera
Axium
Infrastructure
will
buy
30%
stakes
in
the
new
joint
venture
–
leaving
GDF
Suez
with
a
40%
interest
and
operational
control
of
the
assets.
The
deal
will
see
GDF
Suez
pocket
C$1.5bn
($1.52bn),
while
another
C$1.1bn
in
project
financing
has
been
raised
for
future
projects
from
a
group
of
mostly
Japanese
financial
groups,
including
the
Sumitomo
Mitsui
Banking
Corporation.
GDF
Suez’s
Canadian
portfolio
includes
363MW
of
operating
wind
capacity
and
a
further
317MW
pipeline
of
wind
and…
