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Cascade Power Project

Cascade Power Project

Cascade Power Project (“Cascade”) is a 900 megawatt (MW) combined cycle power generation facility being constructed near Edson, Alberta.

Fiera Private Debt’s investment was part of a $1.5 billion total financing package for Cascade. Once complete, Cascade will supply over 8% of the province’s average electricity demand and is expected to be the largest and most efficient combined cycle power plant in Alberta. Cascade will also produce approximately 62% less CO2 equivalent per MWh than existing coal-fired generation, helping lead Alberta’s transition to clean electricity generation.