ThomasLLoyd Capital Acts As Exclusive Financial Advisor To Q-Cells International Usa On A 50MW Solar Project In Sault Ste. Marie

Project is one of the Largest Closed to Date North American PV Solar Generation Facility

Zurich, New York, NY, (PresseBox) - ThomasLloyd Capital LLC ("ThomasLloyd") is pleased to announce that it acted as the exclusive financial advisor to Q-Cells International USA Corp ("Q-Cells"). In this capacity it facilitated the introduction of Q-Cells to Starwood Energy Global LLC ("Starwood Energy") that led to successful financial close on a total of 50 megawatt (MW) AC solar photovoltaic projects in the City of Sault Ste. Marie, Canada.

This solar plant will consist of five 10 MW AC solar photovoltaic power generation projects, is contracted under the Renewable Energy Standard Offer Program ("RESOP") developed and overseen by the Ontario Power Authority ("OPA") and will connect to local utility PUC Distribution, Inc. The first phase with 20 MW reached financial close in December 2009 followed by a second phase with 30 MW respectively in September 2010. When completed, the project will be among the largest of its kind in North America.

"Solar projects of this size and scope are the model for alternative energy for the future and the expertise of all the professionals involved adds to the excitement," said ThomasLloyd Director Philipp Rusch, "These important developments will pave the way for growth in the supply of solar energy in Ontario."

About Starwood Energy Group

Starwood Energy Group Global LLC ("Starwood Energy") is a private equity investment firm based in Greenwich, CT, that specializes in energy infrastructure investments. Founded in 2005, Starwood Energy is an active investor in power generation, renewable energy and high-voltage power transmission projects in North America. Starwood Energy has built and acquired a portfolio of natural gas fired power generation, a portfolio of high-voltage power transmission projects in various phases of development and operations, and a growing portfolio of renewable energy power generation projects.

www.starwoodenergygroup.com

ThomasLloyd Group Ltd

ThomasLloyd Capital LLC ("ThomasLloyd") is a wholly owned subsidiary of ThomasLloyd Group plc. Based in New York and with representatives in Zurich and Singapore, ThomasLloyd is a specialist investment bank, providing expert advice in capital raising, mergers and acquisitions and corporate finance to the renewable energy and clean tech sectors. The parent company, ThomasLloyd Group plc., is a securities and alternative investment management firm that provides a diverse range of financial products and services worldwide to a select client base that includes corporations, financial intermediaries, institutional clients and high-net-worth individuals.

www.thomas-lloyd.com

Press releases you might also be interested in

Subscribe for news

The subscribtion service of the PresseBox informs you about press information of a certain topic by your choice at a choosen time. Please enter your email address to receive the email with the press releases.

An error occurred!

Thank you! You will receive a confirmation email within a few minutes.


I want to subscribe to the gratis press mail and have read and accepted the conditions.