Partners Announce Financing Of Southgate Solar Project In Ontario

Posted by Joseph Bebon on February 03, 2016 No Comments
Categories : Projects & Contracts

Samsung Renewable Energy Inc. and Connor, Clark & Lunn Infrastructure have completed a $190 million debt financing for the 50 MW AC Southgate Solar project, located in Southgate, Ontario.

Canadian Solar Inc. has announced its wholly owned subsidiary, Canadian Solar Solutions Inc., will supply Ontario-made MaxPower CS6X  solar panels and 30 medium-voltage power stations for the Southgate Solar facility. The project will also feature solar inverters from SMA America.

According to the project partners, hundreds of workers from across the Canadian province will be involved in every aspect of the Southgate Solar project – from manufacturing and assembly of solar panels and inverters, to site construction, installation and project operations. During the construction phase alone, more than 100 workers will be on site, including local subcontractors that will be utilized for various aspects of the project’s development.

The Southgate Solar project will begin construction soon, with completion scheduled for late 2016.

“Samsung is proud to be a part of the Southgate community and excited about our partnership with the township that will create local jobs,” says Steve Cho, vice president of Samsung C&T Corp.

“Connor, Clark & Lunn Infrastructure is delighted to be making its fourth large solar investment with Samsung, increasing its portfolio of solar assets to approximately 350 MW and making it a leader in the rapidly growing North American solar industry,” adds Matt O’Brien, president of Connor, Clark & Lunn Infrastructure.

Dr. Shawn Qu, chairman and CEO of Canadian Solar, comments, “We are pleased to announce the addition of the Southgate Solar Project to Canadian Solar’s Ontario project portfolio. By combining our advancements in solar innovation with Samsung and CC&L Infrastructure, this facility highlights the power and potential of clean energy in Canada.”

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