Peak Renewables Ltd. announced the acquisition of Chetwynd Pulp Mill from Chetwynd Mechanical Pulp Inc., a subsidiary of Paper Excellence. The Chetwynd Pulp Mill has been out of service since 2015. Following its acquisition, Peak Renewables will remediate the mill site and repurpose the land and buildings to other industrial uses.
Peak Renewables Ltd., headquartered in Vancouver, BC, is a wholly owned subsidiary company within Brian Fehr Group Holdings Ltd. Peak Renewables holds a portfolio of sustainable energy projects and real estate across North America.
McCarthy Tétrault advised Peak Renewables Ltd. with a team led by Sven Milelli that included Thomas Fung (Business).
Miller Titerle + Company advised Chetwynd Mechanical Pulp Inc. with a team led by David Allardice and supported by Sasha Platz and Stephen Pederson.