Operis was pleased to provide a high-level review for Axium Infrastructure in support of its acquisition of the remaining 50% equity from Osaka Gas Co, making Axium the sole owner of these nine solar facilities in Ontario.  This is in continuation of a formal model audit Operis completed in February 2019, where Axium purchased the initial 50% of the asset from Mitsubishi Corp.

The Aurora Solar portfolio is composed of nine operational solar installations, Smith Falls 1-6 and Waubaushene 3-5, that can produce a total capacity of 101 MWdc, powering over 12,000 homes in Ontario.  Electricity from these sites is provided to the Ontario Independent Electricity Supply Operator, under feed-in-tariffs with a remaining life of around 13 years.

 

 

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Erwan Fournis
Global Head of Financial Advisory

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Carmen Wade
Financial Advisory, Head of North America

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Jun Tao
Global Head of Model Audit & Financial Modelling

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Mark Southall
Associate Director - Model Audit & Financial Modelling

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Operis Europe

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Operis North America

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Erwan Fournis
Global Head of Financial Advisory

+44 207 562 0444

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Chris Aldred
Director

+44 207 562 0433

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