Issuer

Northwestern Hydro Acquisition Co Inc.

Project Finance

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Summary

Northwestern Hydro Acquisition Co Inc. (the Issuer) was established as a special-purpose vehicle to finance the acquisition of a 35% stake in Coast Mountain Hydro Limited Partnership (ProjectCo) through Northwest Hydro LP from AltaGas Ltd. ProjectCo owns three run-of-river hydro-generating facilities located in northwest British Columbia. The Issuer is co-owned by Axium Infrastructure Canada II LP (60%) and Manulife Financial Corporation (40%) via intermediate entities