Mytilineos Energy & Metals has made a 1.4GW portfolio purchase of five solar projects from Westbridge Renewable Energy Corp.
The projects, currently under development in Alberta, Canada, include the 230MW Georgetown solar farm, the 280MW Sunnynook project, the 200MW Dolcy, 300MW Eastervale, and 225MW Red Willow project.
Renewables Consulting Group (RCG) has acted as sole technical advisor, providing a full technical due diligence of the portfolio, a thorough review of engineering and preliminary design, interconnection and transmission system review, independent energy yield analysis, permitting, development, transaction/commercial market intelligence and stakeholder review.
Mytilineos’ Regional Managing Director for North America Luis Laguna said: “We first set foot in Alberta five months ago and now we are celebrating this great accomplishment. Thanks to RCG for their guidance and advice in navigating our entry into the Canadian market.”
RCG Principal Bert Chen added: “RCG is proud to introduce Mytilineos to the Alberta and Canadian market and assist in providing thorough due diligence of the portfolio. We believe that Mytilineos’ global expertise will bring the necessary expertise and resources to develop these projects as a new entrant in the Alberta market.”