Elemental Power has chosen Renewables Consulting Group (RCG), an ERM Group firm, because the lender’s unbiased engineer (IE) for the 20 MW East Strathmore Photo voltaic Mission, situated in Alberta, Canada. The agency is presently offering technical due diligence (TDD) providers and is ready to proceed to behave as lender’s IE to help the financing course of by building to operations.
The East Strathmore Photo voltaic Mission, owned and operated by Elemental Power, sits on roughly 140 acres of privately owned land and interconnects on to Fortis Alberta’s distribution system, offering clear power to native companies, residences and farming operations. Elemental Power, a Canadian renewable power developer, maintains pursuits in working and improvement stage wind, photo voltaic and hydro tasks all through North America.
“Renewable power will proceed to play a significant half in the way forward for Alberta’s electrical energy provide because the province targets 30 % renewable power by 2030,” says Jamie Houssian, principal of Elemental Power. “With the help supplied by the Renewables Consulting Group, the East Strathmore Photo voltaic Mission is a vital step in that route.”
RCG’s scope of labor contains full lender’s technical advisory providers together with financial institution grade power yield evaluation, evaluation of the design, contractual and regulatory elements of the mission, web site visits, and building monitoring. The mission is being led out of RCG’s Vancouver workplace.
“We’re proud to help Elemental Power’s rising renewable power portfolio in Western Canada,” states Francis Charbonneau, affiliate director at RCG. “We’ve constructed a incredible industry-leading technical advisory workforce in Canada over the previous couple of years. With our deep native information and technical experience, we’re serving to our purchasers in a realistic strategy put extra renewables on the grid whereas on the similar serving to the province meet its clear power targets.”