Investor Presentaiton
Transaction Summary
MILESTONE PAYMENTS
Aggregate sale price estimated between
CAD$217,000,000 to $346,000,000 based
on current capacity in applications*
Price Includes Solar PV Capacity & BESS Capacity
Milestone 1
On Entry into Definitive Agreements
C$6.6m deposit received
TERMS
1st project to be acquired (Georgetown)
C$167,500/MWp
2nd - 5th projects to be acquired
C$165,000/MWp
Gross up to total of C$220,000/MWp
On qualification of clean technology or clean
electricity investment tax credit (an "ITC")
Up to C$50,000/MWh
On installation of BESS (if installed)
Milestone 2
On Ready-to-Build Status
Georgetown: 90% of Purchase Price
Other Projects: 92% of Purchase Price
Milestone 3
On Exporting Energy
5% of Purchase Price when project exports
energy
Subject to certain conditions, including regulatory approvals.
See Press Releases dated June 1, 2023, and June 5, 2023
2024
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