Fiera Private Debt Construction, Acquisition and Term Loan Facility to BioNorth Energy

Goodmans was lead counsel to Fiera Private Debt on a construction, acquisition and term loan facility to BioNorth Energy to finance the acquisition of a 36.8 MW biomass-fired power generation facility and the related fuel yard operations located in Fort St. James, British Columbia.

BioNorth Energy is a joint-venture partnership between the Arrow Group of Companies (Arrow), the Nak'azdli Development Corporation (NDC, the economic development arm of Nak'azdli Whut'en), and low-carbon infrastructure developer, Nexus Program Management Group, LLC (Nexus PMG).  The matter is important because it is a green energy project involving an Indigenous/Industry partnership and BC Hydro.