Under the terms of the agreement, Sky Solar will provide operating funding to the JV. EPC staff from Arise’s Systems Division will become employees of the JV and join with the Sky Solar engineers to deliver EPC services to customers in Ontario.
Vern Heinrichs, president and CEO of Arise, said: “Over the past several months we’ve been honored to work closely with Sky Solar’s international leadership team to forge this agreement. We look forward to continuing to work together to deliver EPC services to meet our clients’ needs.”
Peter Liu, president of Sky Solar (Canada), said: “We see this partnership as a tremendous opportunity for Sky Solar to succeed in the burgeoning Ontario solar market and offer our considerable expertise, particularly in the area of project development, EPC and project financing.”
Arise and Sky Solar will continue to serve their own customers in the Canadian marketplace but will also work as a team with all customers to ensure that project needs are met, the companies said.
