EREN Renewable Energy and 3G Energy, two experienced clean-energy developers, have combined their skills to accelerate renewable development in emerging segments of the Canadian market.
The two companies plan to develop utility-scale wind and solar projects in all Canadian provinces and territories through a combination of greenfield development and acquisitions.
“Renewable energy in Canada has experienced a steady growth over the last 10 years and we expect many provinces to be moving the renewables agenda forward as costs continue to drop,” said Fabienne Demol, Head of Business Development of EREN RE said.
“EREN RE is pleased to enter the Canadian market and to partner with such an experienced developer as 3G Energy. There are huge opportunities for successful investments in Canada, and for collaboration with aboriginal communities or with large industrial energy consumers alike,” Demol added.
Based in Ottawa, 3G Energy has an extensive history of developing wind and solar projects in the Canadian market. EREN RE, a global Paris-based independent power producer, provides solid funding capacity, in-house technical expertise, and extensive global experience in renewable development, ownership, and operations.
“I believe there is significant potential for growth in the Canadian renewable market as provincial governments are more and more willing to replace fossil and nuclear generation with renewable options,” said Rob Miller, who recently joined 3G as Vice President. “In the next few years, we intend to develop wind and solar projects where they prove to be competitive alternatives, combined with storage technologies and through industrial net-metering opportunities. In doing so, we will leverage our valuable experience and expertise working with First Nations as partners and co-proponents to ensure local acceptance and maximize local benefits.”
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