Asset Type | Energy Infrastructure |
Status | In construction |
Project Description | Two solar PV facilities (Brockville and Beckwith) with 24.4 MWdc of aggregate generation capacity located near Brockville and Ottawa, Ontario. |
Project Revenues | 100% of power produced is sold to the OPA under 20-year Power Purchase Agreements (PPAs) |
Conterparty | Ontario Power Authority |
PPA Expiry | 2033 - 2034 (PPA term: 20 years following COD) |
Asset Type | Social Infrastructure (long-term care facilities) |
Status | Operational |
Asset Description | 85% interest in 31 facilities representing 4,718 beds located in Ontario and Manitoba. Extendicare is the operator and owns the balance of the equity ownership interest in the portfolio. |
Asset Revenues | LTC facilities are licensed, regulated and funded by the provincial governments. The provincial governments subsidize the care, programs, supplies and accommodation costs of the residents, who are also typically subject to a co-payment. The funding rates paid by the government and the residents to the operators are generally set on an annual basis and differ by province. |
Counterparty | Provincial health ministries or regional agencies for the provinces of Ontario and Manitoba. |
Asset Type | Energy Infrastructure |
Status | Operational (COD in 1884) |
Asset Description | Upper Peninsula Power Company (UPPCO) is the largest electric utility in Michigan’s Upper Peninsula serving 53,000 electric customers in the region. UPPCO’s asset base is comprised solely of generation and distribution assets, including 4,500 distribution line miles, 50 substations, and 57MW of owned generating capacity coming largely from seven hydroelectric facilities located in the Upper Peninsula. UPPCO also plans to begin building a 60MW utility scale solar asset in 2022. The Company is rate-regulated by the Michigan Public Service Commission. |
Asset Revenues | Rate base revenue mechanism paid by residential, industrial, commercial and municipal electricity customers in its service territory. |
Counterparties | Michigan Public Service Commission |
Asset Type | Energy Infrastructure |
Status | Operational (COD in October 2012) |
Asset Description | 80 MW wind farm located in the municipality of Saint-Robert-Bellarmin, Québec. The project was developed by EDF EN Canada, and is fully contracted under a 20-year Power Purchase Agreement with Hydro-Québec. |
Asset Revenues | 100% of power produced is sold under a 20-year Power Purchase Agreement. |
Counterparty | Hydro-Québec |
PPA Expiry | 2032 (20 years following COD) |