This project comprises the refinancing of two operational solar photovoltaic facilities, known as St. Isidore A & B, located in the township of St. Isidore near Ottawa, Canada.
The sites, each with 23MW of aggregate power generation capacity, were built by EDF EN Canada and recently sold on to Fiera Axium Infrastructure. Each site spans over 100 acres of land, utilizing over 152,000 panels. All energy generated is sold via a 20 year power purchase agreement to the Ontario Power Authority.
Operis undertook an audit of the financial model for Fiera Axium prior to the financial close for the refinancing which occurred on 30 September 2012.