Samsung, Pattern Energy Finalize Agreement With Six Nations For Solar, Wind Projects

Posted by SI Staff on May 31, 2012 No Comments
Categories : New & Noteworthy

Samsung Renewable Energy Inc. and Pattern Energy Group LP have announced a partnership with Six Nations of the Grand River to build one of the world's largest wind and solar projects in Haldimand County, Ontario.

Under the terms of the agreement, Six Nations can participate in the project by electing an equity holding or royalty for each of the wind and solar developments. A portion of Samsung's Phase One wind and solar project is planed to be sited on Six Nations territory.

The first phase of the 250 MW Grand River Renewable Energy Park received approval from the Ontario Power Authority in August 2011. Samsung and Pattern Energy are currently completing the technical studies and approvals necessary to begin construction, which is expected to begin this fall.

‘After almost two years of negotiations with Six Nations, we are proud to have reached an agreement for the first renewable energy partnership in Six Nations' history,’ says K.J. Kim, vice president of Samsung Renewable Energy.

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