First Utility-Scale Solar Project in Western Canada
The Brooks Solar project connected to Alberta’s power grid on December 5, 2017. It is the first utility-scale solar project in Western Canada.
“Solar energy will ramp up considerably in Alberta in the coming years,” said Jamie Houssian, Principal of Elemental Energy. “This project will help start that momentum.”
Elemental Energy Inc. closed construction and term debt financing for the project in September. National Bank of Canada is the sole lender on the transaction. ERA is a contributing partner on the project.
After acquiring the project, Elemental engaged stakeholders to complete land agreements. They have completed construction contracts, and secured permits from county and provincial agencies, facilitating the interconnection process with Fortis, AltaLink, and AESO, and completed a power purchase agreement.
The project employs local labour from the town of Brooks and the wider County of Newell area.
Elemental develops its own projects and works collaboratively with development partners to successfully deliver innovative renewable energy projects through development and construction and into commercial operation.