Tuesday, February 28, 2012

Main Street gets German Financing for former OZ sites

North America

Main Street power announces financing agreement for Canadian rooftop PV projects

27.02.2012: Canadian joint venture Mom Solar has closed a $35.4 million financing agreement with German bank Norddeutsche Landesbank (Nord/LB) that will enable Mom Solar to acquire 24 completed rooftop solar projects in the Toronto area. The projects have a combined capacity of 9 MW (DC) and are supported by Ontario Power Authority’s (OPA) feed-in-tariff program. Mom Solar is a Canadian limited partnership owned by affiliates of Main Street Power Company Inc. and MS Solar Solutions Canada ULC, an indirect wholly owned subsidiary of Morgan Stanley. … Source: Main Street Power Company Inc.; Summary: PHOTON

http://www.mainstreetpowerco.com

http://mainstreetpower.com/wp-content/uploads/2011/10/Canada-Financial
-Closing-Press-Release-2.24.12.pdf

 

 

Monty Bannerman

ArcStar Energy

646.402.5076

www.arcstarenergy.com

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