Dutch infrastructure fund acquires Ontario solar project
DIF, a Dutch infrastructure investment firm, has acquired the Illumination project, a 10 megawatt ground-mounted photovoltaic solar project located in Scugog, Ontario. The deal's financial terms were not disclosed. The seller was Canadian Solar Solutions Inc, a manufacturer of solar photovoltaic modules and provider of solar energy solutions. DIF said the Illumination project's funding was wrapped up in May, with construction and term financing provided by Natixis, Rabobank and Nord/LB, and subordinated construction financing provided by Macquarie Capital. The project began commercial operation in November.
16 December 2015•2 mins read
