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 | Operational (COD between December 2013 and March 2014) |
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 | IESO |
PPA Expiry | 2033 and 2034 (20 years following COD) |
Asset Type | Energy Infrastructure |
Status | Operational (construction completed in October 2014) |
Asset Description | Four solar PV facilities (Kapuskasing, Ramore, Mattawishkwia and Wainwright) with 42.8 MWDC of aggregate generation capacity developed by Axium Infrastructure in 2014 under the Ontario Power Authority’s FIT Program. |
Asset Revenues | 100% of power produced is sold to the OPA under 20 year Power Purchase Agreements (PPAs) |
Counterparty | IESO |
PPA expiry | 2034 (20 years following COD) |
Asset Type | Energy Infrastructure |
Status | Operational (COD between January and March 2013 |
Asset Description | Three solar PV facilities (Amherstburg, Belmont and Walpole) with 65.7 MWdc of aggregate generation capacity. Projects were developed by First Solar and GE Energy Financial Services under the Ontario government’s RESOP program. |
Asset Revenues | 100% of power produced is sold under 20-year Power Purchase Agreements (PPAs) |
Counterparty | IESO |
PPA Expiry | 2013 and onward (20 years following COD) |