$125 MILLION FOR CANADIAN SMALL POWER DEVELOPMENT
The Small Power Funding Corporation announced a $125 million
fund to support the development of small scale electrical energy
sources in Canada. Many of the small sources will be environmentally
sound "green energy", like wind, solar, and small scale hydro.
The
Fund is a joint venture of Probyn & Co., and Stonebridge Financial
Corp., President, Robert M. Colliver and Chairman, Stephen
Probyn. The Fund will provide up to $25 million for project
equity and/or subordinate debentures, and up to $100 million in
related senior project debt.
Small Power Funding Corporation
67 Yonge St., 16th Floor,
Toronto,
Ontario M5E 1J8
Ph. (416) 777-9080
fax (416) 364-1557