Transactions
Selkirk arranges another development capital financing for Starlight for a solar portfolio in Alberta
Selkirk Advisory Group Inc. (“Selkirk”) is pleased to announce closing of an approximately $5 million development capital financing provided by Fiera Infrastructure Private Debt (“Fiera”) to Starlight, a global developer of renewable power and energy storage projects and a NextEnergy Group company. Proceeds of the loan will be used by Starlight to advance development of its portfolio of solar projects in Alberta. Selkirk acted as arranger for Fiera and is loan agent for the transaction.
“This financing reinforces our long-term commitment to Alberta,” said Marc Stachiw, Senior Vice President at Starlight. “We’re grateful to Selkirk and Fiera for backing our mission to deliver sustainable and reliable energy solutions. This support enables us to expand our portfolio, drive local economic growth, and contribute to a cleaner, more resilient energy future.”
“It was a pleasure working with the Starlight team on another development capital financing” said Dan Doubilet, Managing Partner of Selkirk. “Bespoke financing structures at this small size are possible only with collaborative, creative, and efficient partners like Starlight and Fiera. We are grateful to be able to continue to support Starlight in Canada and to act as arranger on another transaction for Fiera, a close partner of our firm.”
