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25 megawatt solar farm announced for Pinewood area
TORONTO, Ontario – May 13th, 2014, Rainy River First Nations and its financial and operating partners, Connor Clark & Lunn Infrastructure and Terrma Capital Corp., today announced both the formation of a partnership to provide equity funding for the 25 megawatt (MW) Rainy River Solar Project (the Project) and the closing of a long-term debt financing for the Project. The Project encompasses two 10 MW facilities and a 5 MW facility, all located in close proximity to the town of Pinewood, Ontario. Project construction is expected to commence almost immediately and full commercial operation of the facilities is anticipated in the first half of 2015.
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