That project was absolutely funded before Alberta slashed all funding for renewables projects [0].
This as well as the failed pipeline projects have made Canadian infrastructure projects very high risk from a lending perspective, becuase there's now a non-insignificant risk that a province can welch out of financing a deal purely for short term political gain.
This announcement is a good announcement, but it's just bluster if the entire ecosystem around liability and policy stability isn't managed.
alt Hacker News
That project was absolutely funded before Alberta slashed all funding for renewables projects [0].
This as well as the failed pipeline projects have made Canadian infrastructure projects very high risk from a lending perspective, becuase there's now a non-insignificant risk that a province can welch out of financing a deal purely for short term political gain.
This announcement is a good announcement, but it's just bluster if the entire ecosystem around liability and policy stability isn't managed.
[0] - https://thenarwhal.ca/alberta-renewable-energy-investment-co...