GNR Shefford

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GNR Shefford has raised debt financing for the construction and operation of an agricultural biomethanization plant, which has a total value of over $27 million

Industry:

Utilities

GNR Shefford has raised debt financing for the construction and operation of an agricultural biomethanization plant, which has a total value of over $27M. MNP Corporate Finance inc. acted exclusive financial advisors in this capital raise.

Transaction Brief

GNR Shefford is developing an agricultural biomethanization project that produces renewable natural gas, which is subsequently injected into Énergir’s pipeline, located on the property. The capital raising transaction for GNR Shefford ensured the construction facility for the project. To achive this, MNP Corporate Finance inc. reached out to multiple industry players capable of providing the necessary financing. Fiera Capital, as financial partner, enabled GNR Shefford to secure a bridge loan, ensuring the continuation of construction while the primary financing was being finalized. The financing obtained provides GNR Shefford with excellent terms and flexibility, which are crucial for a large-scale project like this.