Heliene Inc. (“Heliene” or the “Company”), one of North America’s fastest-growing domestic module manufacturers serving the utility scale, commercial and residential markets, closed a US$150 million credit facility provided Orion Infrastructure Capital (“OIC”), a leading North American infrastructure investment firm and approximately US$20 million in preferred equity through a group of key customers and strategic investors. Proceeds from the credit facility will be used to strengthen manufacturing capacity and expansion in Minnesota and Ontario and help with job creation within the clean energy transition.
Wildeboer Dellelce was counsel to the Company with a team that included Jeff Hergott, Joel Fraser, Sarah Wahba, Hannah Dodick, Marcus Moore (corporate/securities), Rachel Manno and Katie Drury (debt).
