Share this article Share this article LONGUEUIL, QC, Dec. 29, 2020 /CNW Telbec/ - Innergex Renewable Energy Inc. (TSX: INE) ("Innergex") is proud to announce the closing of a construction financing and tax equity commitment for its Griffin Trail project, a 225 MW wind facility located in Knox and Baylor Counties, in north-west Texas. The US$276.2 million (CAN$354.5 million) financing has been arranged with Sumitomo Mitsui Banking Corporation acting as Coordinating Lead Arranger, and CIBC acting as Joint Lead Arranger, backed by a US$171.4 million (CAN$220.0 million) tax equity commitment from Wells Fargo to be provided upon the commercial operation date. "It was only a few months ago, when the U.S. Production Tax Credits deadlines were extended, that we knew we were in a strong position to bring Griffin Trail forward, and we have since made rapid progress on development and construction," said Michel Letellier, President and Chief Executive Officer of Innergex. "Securing construction financing and tax equity commitment for this project is another milestone, and I want to congratulate all Innergex employees who contributed to this significant team effort."