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 | Ontario Power Authority |
PPA expiry | 2034 (20 years following COD) |
Asset Type | Energy Infrastructure |
Status | Operational |
Asset Description | Nine solar PV facilities in Ontario totalling 101.5 MWdc of aggregate generation capacity located in the municipalities of Smiths Falls, Perth, Coldwater, and Wyebridge. The installations were developed under the 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 onward (20 years following COD) |
Asset Type | Energy Infrastructure |
Status | Operational |
Asset Description | Three solar PV facilities with 41 MWdc of aggregate generation capacity. Projects were developed by Canadian Solar Solutions Inc. under the Ontario government’s FIT program. |
Asset Revenues | 100% of power produced is sold under 20-year Power Purchase Agreements (PPAs) |
Counterparty | IESO |
PPA Expiry | 2034 for 2 assets and 2035 for the other (20 years following COD) |
Asset Type | Energy Infrastructure (Solar + Battery Storage) |
Status | Phase 1 in operation (full COD Sept. 22) and Phase 2 to close at full COD (2023) |
Asset Description | 756 MW solar + 3,291 MWh battery storage project located in southern California. The first phase of subprojects reached COD from Aug. 2021 – Sept. 2022 and the second phase will become operational in 2023. The project benefits from a diverse set of revenue contracts, in addition to a partner who is the O&M provider and asset manager, creating alignment of interests. |
Asset Revenues | The project has a diverse set of 15+ revenue contracts, including for solar electricity and RECs, as well as capacity contracts. Offtakers include investor-owned utilities, corporations, and community choice aggregators. |
Contract Expiry | Project offtake agreements terminate in 10-15 years, with the project earning revenue on a merchant basis thereafter. |