Involvement of CFI:
Negotiated extensively with project proponents, which included principals of Innergex in addition to secondary partners. Completed extensive financial analysis of business plan; due diligence review of independent consultants' reports; worked with project proponents to determine suitable financing structure; made recommendations as to debt structure to sophisticated project proponents as well as ultimate funding sources. Reviewed/confirmed construction budgetary process with engineering firm during course of construction. Status of Projects: Construction financing on all projects was converted and subsequently repaid during the conversion of Algonquin Power into an Income Trust.