Marathon Capital’s Philip Bassil Published in North American WindPower
In recent years, the demand for Canadian wind power purchase agreements (PPAs) has increased significantly. The main entities interested in these PPAs
are Canadian, U.S. and international investors, including pension funds, private equity and sector funds, as well as a variety of strategic and development
partners. However, with the recent decline in volume of new PPAs awarded across Canada’s 10 provinces and three territories, the hunt for these high-quality
contracts has become more difficult, and the heightened levels of competition have resulted in expanded valuation multiples.