Firelight Infrastructure Partners LP

Firelight Infrastructure Partners LP in the sale of a 67MW portfolio of renewable energy projects

Client

Firelight Infrastructure Partners LP

Value

-

Date Closed

June 2020

Industry

Renewable Energy

Lead Office

Toronto

 

On June 10, 2020, Firelight Infrastructure Partners LP completed the sale of its interests in a 67MW portfolio including three utility-scale ground-mounted solar generating products in Ontario and four wind farm generating projects in Nova Scotia, to Potentia Renewables Inc. The portfolio consists of multiple operational wind and solar power projects located in Canada. The solar projects are operated under 20-year power purchase agreements with the Independent Electricity System Operator (IESO) and the wind projects are operated under 20-year power purchase agreements with Nova Scotia Power Inc. under its Community Feed-In Tariff (COMFIT) Program in partnership with local First Nations Communities.

Firelight Infrastructure Partners LP is a Canadian partnership focused on investments in North American renewable energy projects including wind, hydro and solar projects.

Potentia Renewables Inc. is a Toronto-based developer, owner, and operator of renewable energy assets.

Osler, Hoskin & Harcourt LLP advised Firelight Infrastructure Partners LP with a team consisting of Jacob Sadikman (Commercial) and Marissa Kirsh (Construction).