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The CIB committed to a $655M loan and did $900k worth of due diligence before the previous owner of the project suspended and then sold it.
Second Grid Alert in Alberta this week
Alberta's electricity market is headed for a major shakeup, and some industry players are fearful that a lengthy period of uncertainty could scare away badly needed investment in power generation.
Alberta's electricity market is headed for a shakeup and some industry players fear a lengthy period of uncertainty could scare away much-needed investment in power generation.
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