Advised on Sale of CompanyEnergy & Utilities
Acquired 100% of the BrightRoof Solar portfolio from
IMAP is pleased to announce that BrightRoof Solar, owned by CarbonFree Technology and Connor, Clark & Lunn Infrastructure, has been sold to Potentia Renewables Inc.
Potentia Renewables is a fully integrated developer, owner, and operator of renewable energy with 700+ rooftop solar operations that generates close to 200MW.
The BrightRoof Solar portfolio consists of sixty-two solar PV electricity generation projects, 57 roof-mounted and 5 ground-mounted, located in Southern Ontario (Canada). The full portfolio of assets generates over 18MWdc per year of clean energy. Twelve of the projects are wholly owned by CarbonFree and CCL Infra, and fifty of the projects are owned in partnership with the Metis Nation of Ontario (“MNO”), who will continue to hold their portion of the portfolio.
The IMAP Canada infrastructure team in Toronto, led by Pelino Colaiacovo, worked throughout the sale process.