Berkeley Renewables forms limited partnership to develop PV projects in Ontario

On November 20th, 2012, Berkley Renewables Inc. (Vancouver, British Columbia, Canada) announced that it has established Solar Flow-Through 2012-I Limited Partnership under the laws of British Columbia.

The funds from the private placement financing will be used by Solar Flow-Through to develop and operate solar power generation projects in the Province of Ontario under the Ontario Power Authority's (OPA) Feed-in-Tariff (FiT) program.

FiT contracts provide fixed purchase rates for solar power and are guaranteed by the OPA for 20 years.

Berkley Renewables owns 95% of Solar Flow-Through General Partner Ltd., the general partner of Solar Flow-Through, as well as Solar Flow-Through Management Ltd., the manager of Solar Flow-Through.

2012-11-24 | Courtesy: Berkley Renewables | © Heindl Server GmbH

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