Maxim Power Corp. owns Milner 2, a 204 MW gas-fired simple cycle power generation facility near Grand Cache, Alberta.

We recently partnered with Maxim Power Corp., one of Canada’s largest truly independent power producers, providing financing for the expansion of their existing Milner 2 plant into a combined cycle gas turbine facility through the installation of heat recovery technology.

This transaction is well aligned with Fiera Private Debt’s strategy as it will provide reliable and cost-efficient power to Alberta electricity market and significantly lower the carbon footprint to help Alberta’s carbon agenda to cleaner power source. The transaction also provides a well-balanced and structured risk and return profile for Fiera Private Debt’s investors.