Canada Infrastructure Bank loans $660mn to Irving Pulp & Paper for mill upgrade
Irving Pulp & Paper secures a $660mn loan to modernise its Saint John pulp mill, with new facilities capable of generating up to 145 MW of exportable electricity.
| Countries | Canada |
|---|---|
| Sector | Réseaux chaleur, Cogénération biomasse |
| Theme | Investissements & Transactions, Financement, Développement de projets |
Irving Pulp & Paper has reached financial close with the Canada Infrastructure Bank (CIB) for a $660mn (CAD902mn) loan to modernise its pulp mill located in Saint John, New Brunswick. The large-scale industrial project will replace 1970s-era equipment with current state-of-the-art technology.
Comments
Sign in to leave a comment.