Asset Type | Energy Infrastructure |
Status | Meadow Lake VI: Operational (COD Dec. 2018) Prairie Queen: In construction (COD in Q2 2019) |
Asset Description | The portfolio consists of two wind farms: Meadow Lake VI (200.4 MW) located in White and Benton Counties, IN; and Prairie Queen (199.3 MW) located in Allen County, KS. |
Asset Revenues | 100% of the projects’ production is contracted to be sold to investment-grade counterparties under long-term PPAs. |
Conterparties | Meadow Lake VI: Wabash Valley Power (75.4 MW)/Cummins Inc. (75 MW)/Nestle, USA (50 MW) Prairie Queen: Kansas City Power & Light (100%) |
PPA Expiry | Meadow Lake VI: 15 years (Cummins & Nestle) to 20 years (Wabash) from COD Prairie Queen: 20 years from COD |
Asset Type | Energy Infrastructure |
Status | Operational |
Asset Description | Ten solar PV facilities with 108 MW DC of aggregate generation capacity. Projects developed by Recurrent Energy under the Ontario government’s Feed-in-Tariff (FIT) program. |
Asset Revenues | 100% of power produced is sold under 20-year Power Purchase Agreements (PPAs) |
Counterparty | Ontario Power Authority |
PPA Expiry | 2034 and onward (20 years following COD) |
Asset Type | Energy Infrastructure (100% wind) |
Status | Operational |
Asset Description | 1,062 MW diversified portfolio of 7 wind assets. The portfolio is located in 3 states in the US. The portfolio has a weighted average operational age of 7 years and strong historical availability. 65% of capacity is currently contracted under long term offtake agreements. |
Asset Revenues | The assets are primarily contracted under long-term PPAs with high-grade utility and corporate counterparties that bear a weighted average credit rating of A. Part of the portfolio currently operates on a merchant basis. |
Contract Expiry | Portfolio has remaining average off-take tenor of 7 years with assets earning revenue on a merchant basis or through new long-term agreements thereafter. |
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) |