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EverWind Secures US$175 Million Strategic Investment From Nuveen to Advance Largest Atlantic ...
Nuveen's $175 million investment supports a 650 MW wind portfolio powering green hydrogen and ammonia projects, creating 600 jobs and over $1 billion in local contracts.
- A US$175 million investment from Nuveen this week supports EverWind Fuels' Nova Scotia wind and green fuels project, according to official reports.
- Phase 1 represents more than $2 billion of planned capital investment in Nova Scotia, with an Indigenous consortium including Membertou First Nation, which holds majority ownership, according to sources.
- Following extensive technical work, EverWind has begun clearing land for the Windy Ridge project about 30 kilometres northwest of Truro after checks by DNV, using a structured finance instrument with debt‑ and equity‑like features.
- Membertou Chief Terry Paul said the project will deliver more than $250 million in provincial and municipal payments and over $20 million in direct community benefits.
- At the same time, sector risks include the EU's 200 million euros support, 2027 auctions for up to 300 megawatts, and ongoing land and regulatory disputes with authorities.
21 Articles
21 Articles
EverWind Secures US$175 Million Strategic Investment from Nuveen to Advance Largest Atlantic ...
Halifax, Nova Scotia, March 02, 2026 (GLOBE NEWSWIRE) -- EverWind today announced a US$175 million (CAD$240 million) strategic investment from Nuveen Energy Infrastructure Credit, the infrastructure credit investing business that is part of Nuveen, a global asset manager with $1.4…
The Toronto Star
EverWind Secures US$175 Million Strategic Investment from Nuveen to Advance Largest Atlantic Canadian Clean Energy Platform
Halifax, Nova Scotia, March 02, 2026 (GLOBE NEWSWIRE) -- EverWind today announced a US$175 million (CAD$240 million) strategic investment from Nuveen Energy Infrastructure Credit, the infrastructure credit investing business that
Winnipeg Free Press
EverWind lands more than $240M in financing for N.S. wind and hydrogen projects
Breaking News, Sports, Manitoba, Canada
H2-View News: EverWind secures $175m to advance Nova Scotia wind and green ammonia project
The investment from global asset manager Nuveen will fund the construction of over 650MW of onshore wind generation across Nova Scotia for EverWind’s Point Tupper Green Fuels Project. Scheduled to break ground this year and reach commercial operation by 2028, EverWind says its first phase would produce 200,000 tonnes of green ammonia per year, increasing
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