Skyline Clean Energy Fund Acquires Solar Assets in Ontario
1 report, 1 independent
Updated Sep 21
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What happened
Skyline Clean Energy Fund (SCEF) announced the completion of its largest solar transaction to date, acquiring a portfolio of 3,291 solar assets across Ontario. The acquisition increased SCEF's installed solar capacity by 83%, adding 76 MW/DC of capacity to its portfolio. These projects include commercial, industrial, and residential installations operating under long-term fixed-price Feed-in Tariff and microFIT contracts with the Province of Ontario.
From recorder.ca
Why it matters
The fund, which is based in Guelph, Ontario, stated that the acquisition aligns with its strategy of investing in essential energy infrastructure. By securing long-term contracted revenue streams, the fund enhances the long-term value for its investors.
From recorder.ca
Who's involved
- TC EnergyA Guelph-based private renewable infrastructure fund focused on solar energy investments.