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Genalta Power and Capstone Infrastructure Announce Strategic Alliance


On October 30, 2020, Genalta Power Inc. announced that it had entered into a strategic alliance with Capstone Infrastructure Corporation. The strategic alliance provides an upfront capital injection to accelerate Genalta’s power development efforts and includes mechanisms for further funding to advance Genalta’s growing power development project pipeline.

Cassels acted for Genalta with a deal team that included David Redford and Daniel Zuniga (Business and Energy) and Mike Tallim (Banking & Specialty Finance).

RELATED EXPERTISE: Business | Energy | Banking & Specialty Finance