In addition, the company has also closed financing for the solar project. It has executed term financing agreements with Dexia and Union Bank, NA.
EDF EN Canada developed the project on two adjacent properties as part of the province’s renewable energy standard offer programme.
Tristan Grimbert, president and CEO of EDF EN Canada and all EDF EN affiliates in North America, said: “Arnprior proves the unique abilities of EDF EN Canada to commercialize a flagship solar PV project in a matter of a few months.
“Our relationship lenders once again have demonstrated their support of our efforts and renewable energy. We look forward to applying our resources, experience and partnership capabilities to the FIT groundmount and rooftop development in 2010 and beyond.”
