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    Greenbriar, West Lake Sign Binding Agreement For 90MW Solar Project In Canada


    November 18, 2021 - Fitch Solutions Sector Intelligence

     

      THIS COMMENTARY IS PUBLISHED BY FITCH SOLUTIONS COUNTRY RISK & INDUSTRY RESEARCH and is NOT a comment on Fitch Ratings' Credit Ratings. Any comments or data are solely derived from Fitch Solutions Country Risk & Industry Research and independent sources. Fitch Ratings analysts do not share data or information with Fitch Solutions Country Risk & Industry Research.

      Greenbriar, West Lake Sign Binding Agreement For 90MW Solar Project In Canada

      • 18 Nov 2021
      • Canada
      • Infrastructure

      News: Greenbriar Capital has signed a binding agreement with West Lake Energy for a 90MW solar project in the Canadian province of Alberta. Under the agreement, Greenbriar will build-own-operate the solar facility, estimated to cost between CAD105.0mn (USD83.26m) and CAD120.0mn (USD95.1mn). The facility will be constructed in two phases. West Lake will procure electricity from the first 30MW portion and will also have the option to buy the output of the remaining 60MW portion. The power plant is part of a wider project framework for 400MW of capacity. Nu E Corp will carry out construction of the plants, reports Taiwan News.

      This report from Fitch Solutions Country Risk & Industry Research is a product of Fitch Solutions Group Ltd, UK Company registration number 08789939 ('FSG'). FSG is an affiliate of Fitch Ratings Inc. ('Fitch Ratings'). FSG is solely responsible for the content of this report, without any input from Fitch Ratings.

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