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Capstone Infrastructure Corp. has secured $60.5 million in project-level construction and long-term financing for the Saint-Philemon wind power project in Quebec.

The 24 MW project, located near the town of Saint-Philemon, consists of eight Enercon wind turbines and is slated for commissioning in the fourth quarter of this year. Stonebridge Financial Corp. arranged the credit facility for the wind farm.

In addition, Capstone Infrastructure says it has increased the capacity of its existing corporate credit facility to $90 million from $50 million previously, thereby enhancing the corporation's financial flexibility.




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