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Fiera Axium Infrastructure has purchased a Canadian portfolio of 47.1MW, the company has announced. The portfolio consists of four operational PV plants, developed by EDF EN Canada, located in Ontario. EDF En subsidiary enXco Service Canada will provide operation and maintenance of the projects after the acquisition. All four plants sell energy to the Ontario Power Authority under a 20-year PPA.
"This acquisition marks a significant milestone for our fund, as it represents our first investment in solar power facilities. Consistent with our goal of assembling a diversified portfolio of core infrastructure assets, we are delighted to provide our investors with access to solar generation facilities developed and operated by a world-class firm in EDF EN," Pierre Anctil, president and CEO of Fiera Axium commented.
