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Polaris Renewable Energy Secures $175 Million in Green Bonds
Toronto, Saturday, 16 November 2024.
Polaris Renewable Energy Inc. has successfully placed $175 million in senior secured green bonds, marking a significant step in its renewable energy expansion. The five-year bonds, rated BB- by S&P, will finance debt refinancing and new acquisitions, including the Punta Lima wind farm in Puerto Rico.
Stantec Secures $274.7M Contract for Sustainable Arizona Border Port
Washington, D.C., Wednesday, 13 November 2024.
Stantec has won a $274.7 million contract to design a new commercial inspection port in Douglas, Arizona. The project will quadruple truck inspection capacity, featuring an all-electric design with solar panels. Construction is set for 2025-2028, aiming to boost cross-border trade efficiency.