SkyPower Receives Innovative Financial Backing from Deutsche Bank
Toronto, Ontario - October 5, 2011 – SkyPower announced today that a leading international bank is increasing its support of solar power in Ontario. Deutsche Bank has agreed to provide SkyPower, the country's leading solar developer, with a $67 million revolving credit facility, to support the ongoing development of SkyPower's portfolio of utility-scale solar projects in Ontario. The credit facility demonstrates Deutsche Bank and SkyPower's beliefs that there will continue to be an expansion of solar and renewable power in Ontario.
SkyPower Awarded 13 Utility-Scale Solar Contracts Representing 148.3 MW of Solar Projects In Ontario, Canada
Toronto, Ontario - February 24, 2011 – SkyPower Limited, Canada’s leading solar energy company and its wholly owned subsidiaries, are pleased to announce its award of 13 new power purchase contracts under Ontario’s Feed-in-Tariff Program (FIT), totalling 148.3 MW of energy capacity.
The Ontario Power Authority (OPA) announced the successful awards for connections and contracts under the FIT program for new renewable generation capacity in Ontario.