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)
Privacy, Technology and Cybersecurity Issues in Tech Transactions
Full evaluation of a target's privacy, technology and cybersecurity compliance in due diligence is critical for transactions involving technology companies.
TSX Considering Adoption of Pricing Guidelines for Prospectus Offerings
TSX Considering Adoption of Pricing Guidelines for Prospectus Offerings
Ottawa LRT and the Future of P3s: Public (interest), Private (collaboration) & (meaningful) Partnerships
A summary of the Commission’s key recommendations arising from the Ottawa Light Rail Transit Public Inquiry regarding the public-private-partnership (P3) model.
Arbitration Clauses Should be Respected, Most of the Time: Supreme Court of Canada Shifts Focus Away From Single Proceeding Model for Insolvencies in Rendering Arbitration Clause Inoperative
The SCC has provided a framework on when arbitration clauses should be rendered inoperative in order to promote efficiency in an insolvency proceeding.
Corporate Counsel Webinar | Beyond the Basics: Tools and Strategies to Create a More Inclusive Legal Work Environment
Join our guest speaker, Jodie Glean-Mitchell, Executive Director of Equity, Diversity and Inclusion, from the University of Toronto as we invite participants to dive deeper into the intricacies of intersectional identities and experiences with (micro)aggressions and their implications for the legal work environment.
Get updates delivered right to your inbox. You can unsubscribe at any time.