“We are developing the Stardale Project with the
highest degree of care for the neighbouring
communities, the environment and all the
stakeholders.”
Innergex acquires Stardale
solar project
a stable stream of cash flows for the next 20
newsroom@eap.on.ca
years and beyond.”
S T -E UGÈNE
Rafael Dobrzynski, Chief Executive
Officer of Enfinity Americas, commented:
Innergex Renewable Energy Inc. has
“WearedevelopingtheStardaleProjectwith
entered into a share purchase agreement
the highest degree of care for the
withEnfinitytoacquireEnfinity’sStardale
neighbouringcommunities,theenvironment
solar project in East Hawkesbury
andallthestakeholders.Withitsknowledge
Township.
of the Ontario market, its development
Innergex is paying about $11.1 million to
philosophy and financing capabilities,
buytheventurebeingbuiltwestofthevillage
Innergex is the ideal partner to bring the
of St-Eugène.
Stardale Project through the finish line. We
Construction of the Stardale Project,
are also very pleased to continue our
situated south of County Road 10, began in
association with Innergex, acting as its
November, 2010, and is expected to be
engineering, procurement and construction
completed by February, 2012.
contractor and long-term operations and
Total development costs are expected to
maintenance provider for the Stardale
Photos Richard Mahoney
be approximately $140 million; the amount
Project.”
LargetractsofwoodedlandhavebeenclearedfortheconstructionoftheStardalesolar
includes the $11.1 million consideration to
The Stardale project is being developed
project west of St-Eugène. The irony is not lost on neighbours, who note that trees are
bepaidunderthesharepurchaseagreement.
on two parcels of land totalling 300 acres.
falling in the interests of the “green movement.”
The facility, the first large-scale power-
Large tracts of wooded land have been
producing solar operation in the region, has
cleared and felled trees chipped to make
stirred up controversy since the proposal
way for the development. The irony is not
Offre d’une durée limitée! Perdez du poids, c’est garanti. 50 % DE RABAIS †
first came to light in 2008. The proponent at
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lost on neighbours, who note that trees are
the time, Ottawa-based Solaris Energy
falling in the interests of the “green
Partners,facedstiffoppositionfromresidents
movement.” The operation consists of a
who contended the operation ought not be
ground-mounted PVarray system, which is
established on prime farmland. Solaris
to include a total of approximately 144,060
eventually got the green light from the
modulesand54inverters,foratotalinstalled
Nancy a perdu 191 livres et 179 pouces. et 22 tailles de vêtements*
Ontario Municipal Board, however, the
capacity of 27 MWAC (33.2 MWDC). The
arguments presented by the opponents
forecast electric output is estimated at 39
contributed to the drafting of provincial
GWh, enough to provide electricity to
legislation safeguarding prime crop lands
approximately 2,600 homes.
from similar development in the future.
Michel Letellier, President and Chief
Executive Officer of Innergex, says he is
enthusiastic about this first investment in
solar energy for the renewable energy
producer.“Wehavebeenstudyingthesolar
DE VRAIS ALIMENTS CONSEILLERS PERSONNELS PRODUITS NATURELS Un système bien pensé pour une perte de poids qui dure :
industry for quite some time now. The solar
technology is proven, reliable and simple,
and we believe the construction and
250, rue Main Est, Hawkesbury, ON Tél. : 613 632-9282 • Télec. : 613 632-0791
operational risks are minimal. In addition,
the sun provides for a very stable and
predictableresourcewhichInnergexbelieve
*Notreclientèleestvariée, toutcommeses résultats.†Offrevalidepour lesservicespersonnalisésenpertedepoidspournouveauxcontratsd’unan.Nepeut être jumeléàd’autrescoupons,spéciauxoupromotions.Doitd’abordsatisfaireauxcritèresd’admissibilitépourêtreacceptédansunprogramme.Lecoûtdes produitset lesvraisalimentssontensusetsontàprix régulier.Offrevalide jusqu’au17avril2011©2011HerbalMagic.Tousdroits réservés.
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will result in the Stardale Project generating
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