Fiera Infrastructure Private Debt Provides Additional Development Capital Financing to Starlight

Executive Summary

• Fiera Infrastructure Private Debt closed a follow‑on development capital loan for Starlight to fund its Alberta solar portfolio.
• Selkirk Advisory Group acted as arranger and loan agent on the transaction.
• The financing underscores continued partnership between Fiera and Starlight and adds capacity to advance renewable energy projects in Canada.

Key Details

• Financing Structure: Follow‑on development capital loan (size not disclosed).
• Lender: Fiera Infrastructure Private Debt, a division of Fiera Private Debt Inc. (TSX: FSZ).
• Borrower: Starlight, a global renewable power and energy storage developer (NextEnergy Group company).
• Purpose of Proceeds: Advance development of Starlight’s solar projects in Alberta, Canada.
• Arranger/Loan Agent: Selkirk Advisory Group Inc. acted as arranger and loan agent for the transaction.
• Strategic Rationale: Provides additional financing capacity to support Starlight’s Alberta development program, generate economic benefits for local communities, and contribute to a more reliable, sustainable electricity system.

Notable Quotes

• “Fiera is proud to continue its partnership with Starlight by providing another credit facility to support the development of the company's Alberta portfolio,” – Stephen Zagrodny, Managing Director, Fira Infrastructure Debt.
• “This financing provides additional capacity to advance our Alberta development program, deliver tangible economic benefits to local communities, and contribute to a more reliable and sustainable electricity system,” – Marc Stachiw, Senior Vice President, Starlight.
• “Bespoke financing structures at this small size are possible only with collaborative, creative, and efficient partners like Starlight and Fiera,” – Dan Doubilet, Managing Partner, Selkirk Advisory Group.