PowerStream Acquires 2.6 MW Of Solar Generation Projects


PowerStream, a municipally owned electricity distribution company in Ontario, has now added a portfolio of solar projects totaling 2.575 MW from Toronto-based JCM Capital, a private equity firm focused on developing clean power projects.

According to PowerStream, the portfolio includes 14 rooftop solar PV generation projects located atop StorageMart self-storage facilities throughout Ontario, specifically in Toronto, Markham, Barrie and London.

The combined facilities are Feed-In Tariff 1 projects and are expected to generate 3,500 MWh annually, which is enough energy to power 365 homes.

The two companies have been collaborating since 2012 to manage the design, construction and commissioning of the projects.

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