Case Studies

Conterra Networks
When Conterra Networks – one of the largest independent fibre bandwidth providers in the United States – was seeking to recapitalize, Fiera Infrastructure stepped up to the plate. Our purchase of an equity interest in Conterra provided existing shareholders with increased equity, and we are working together with the management team to continue growing the network.

Cory
Environmental, social and governance (ESG) considerations are constantly top of mind with respect to Fiera Infrastructure’s investment-sourcing process. Nothing exemplifies this approach more than our firm’s June 2018 investment in Cory, the largest energy-from-waste facility in the United Kingdom. Cory processes some 750,000 tonnes of London’s household and commercial waste each year, transforming it into electricity, metals and construction aggregates.

Kinectrics Inc.
Kinectrics Inc., formerly part of Ontario Hydro, is a leading provider of life-cycle-management solutions to the nuclear and electric utilities industries. Fiera Private Debt recently financed the acquisition of Amec Foster Wheeler Americas Nuclear, enabling Kinectrics to expand its market share, while broadening its range of services and geographic footprint.

Lassen Land Company
Fiera Comox Agriculture’s acquisition of some 4,500 acres of prime agricultural land in California – more than 3,800 acres are configured for almond production – is reflective of our on-going commitment to building a diversified global portfolio of assets, primarily farmland, that will aim to generate stable, attractive returns for investors over the long-term, with low correlation to most other asset classes.

Mobis Warehouse
Class A industrial real-estate is a sought-after commodity in today’s marketplace, and for good reason – potential for compelling returns along with a hedge against inflation. A prime example is Fiera Real Estate’s opportunistic, value-add investment to design and build a new single-tenant, 550,000-square-foot distribution facility on Mobis Drive in the northern portion of the GTA.

O'Nessy Condominiums / Shaughn Apartments
A recently completed, mixed-use development in downtown Montreal, financed by Fiera Real Estate, underscores how well-conceived and executed real-estate investments can deliver compelling returns to investors. Project costs totalled $140 million for the development, which included three residential condominium phases plus a 294-unit rental apartment building, and also incorporated an existing historic building on the site.

TUGLIQ Energy
Project financing from Fiera Private Debt enabled development by TUGLIQ Energy of a second 3 MW wind turbine and a large-scale energy storage installation (“Raglan 2”) at the Glencore Raglan Mine, situated in the remote northern limits of Quebec. The transaction also included the refinancing of the sponsor’s original 3 MW wind- turbine project (“Raglan 1”) completed at the end of 2018. The Raglan project has been widely acknowledged as an engineering feat – an autonomous, industrial-scale micro grid set down in a hostile Arctic environment to provide a reliable source of renewable energy.
No discussion with respect to specific securities should be considered a recommendation to purchase or sell any particular investment. The companies discussed do not represent all past investments. It should not be assumed that any of the investment discussed were or will be profitable, or that investments or decisions made in the future will be profitable.