


Alderville Solar Project Reaches Financial Close
Alderville Solar Project Reaches Financial Close
On May 13, 2013, the Alderville First Nation (AFN) reached Financial Close for construction of the first 100% First Nation owned solar farm in Ontario. The project involves the design, build, financing, operation and maintenance of a five (5) megawatt solar farm over 50 acres under a 20 year contract.
The AFN is a community of just over 1100 people located 120 kilometers northeast of Toronto. The project will create more than 20 temporary construction jobs and will provide the AFN with a sustainable revenue stream for over 20 years. Over the length of the project, the community could earn over $50 million, with current expectations for between $300 – $500 thousand a year being injected back into the community.
The AFN was represented by McMillan with a team that included Tim Murphy, Valerie Garcia, Andrea St. Bernard and Maggie VanderMeulen.
Please click here to view a recent news story.
Insights (5 Posts)
Net Benefit Reviews Under the Investment Canada Act – Some Practical Thoughts
Glencore plc’s recent approaches to the shareholders of Teck Resources has once again brought the Investment Canada Act into the spotlight.
The Bureau Issues Final Enforcement Guidance on the New Criminal Prohibition on Wage-Fixing and No-Poaching Agreements
Providing insights on the Competition Bureau’s 2023 Guidelines describing the Bureau’s approach to wage-fixing and no-poaching agreements.
The EU’s New Carbon Border Adjustment Mechanism in Action: Impacts on Canada and Beyond
The EU's new Carbon Border Adjustment Mechanism will take effect on October 1, 2023. McMillan explores the CBAM and its implications for Canadian trade.
Competition Bureau Challenges Alleged Drip Pricing by Cineplex
The Competition Bureau commenced a proceeding against Cineplex for allegedly engaging in misleading advertising in the form of "drip pricing".
The Present and Future of A.I. Regulation
Join us for a session with industry experts who will share valuable insights into the latest trends and developments in artificial intelligence with a particular focus on regulation.
Get updates delivered right to your inbox. You can unsubscribe at any time.