Deals

Situational Analysis

• Belize Electric Company Limited (BECOL), a 25 MW Mollejon run-of-river hydroelectric power facility located on the Macal River 
  in Belize.
• Fortis, Inc., a utility holding company headquartered in St. John’s, Newfoundland, Canada, acquired a majority interest in BECOL 
  in 2001.

Fieldstone Role

• Fieldstone and Probyn acted as exclusive financial advisors to Fortis, Inc. in connection with the acquisition financing.
• Fieldstone and Probyn structured a non-recourse debt financing to 
  repay the short term loan used for the acquisition.