Stonebridge Financial Corporation (“Stonebridge”) is pleased to announce the closing of a long-term debt financing in respect of the acquisition and expansion of an operating 2MW landfill gas utilization facility (“Project”) by Cogen Biogaz HY S.E.C., a partnership between Hydromega Services Inc. and Plant-E Corp.

The Project, situated in the municipality of Sainte-Cecile-de-Milton, Québec, generates power and offset carbon credits from methane collected at the landfill site, with the electrical energy sold to Hydro-Quebec Distribution pursuant to a long-term power purchase agreement., and the offset credits monetized in the open market.

The financing was co-arranged by Stonebridge and Selkirk Advisory Group, with funding provided by The Equitable Life Insurance Company of Canada and Stonebridge Infrastructure Debt Fund II Limited Partnership.

Stonebridge is an exempt market dealer and asset manager, which through its various business groups and affiliates provides financial advisory services, asset management, long-term debt financing, agency services and lease financing. The company focuses on financial advisory and arranging of project financings in the infrastructure and energy sectors, having dedicated teams for each. Stonebridge has arranged and closed a total of $7.1 billion in financing, with $3.4 billion under administration for institutional investors. Stonebridge Infrastructure Debt Fund I and II Limited Partnerships and related separately managed accounts (the “Funds”) act as direct lenders and co-investors to infrastructure and energy projects across Canada. To date, the Funds have raised over $1 billion in committed capital.