The portfolio, which includes five upgraded RNG assets across Ontario, Canada and Upstate New York, is expected to deliver approximately 1 million GJ per year of RNG production capacity once fully ramped. The transaction, led by Fiera Infrastructure Private Debt, represents:
·Generate’s first cross-currency, cross-border financing
·The first financing of food-waste RNG in Generate’s portfolio
The long-term facility allows Upcycle to recycle balance sheet capital and supports future expansion across the platform.